14, MILL CLOSE, GREAT BARDFIELD, BRAINTREE, CM7 4RJ - £235,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 MILL CLOSE is a small extended semi-detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £429,631. It was last sold for £235,500 in February 2010, which was around 28% above the average February 2010 semi-detached price in the Braintree local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

14 MILL CLOSE Sold Prices

Land registry data shows two sales for 14 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Both of the two 14 MILL CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 5 FEB	£235,500	£184,446	28% above HPI
2001 2 NOV	£155,000	£103,456	50% above HPI

14 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The two 14 MILL CLOSE sales from November 2001 and February 2010 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2001 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2010 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 14 MILL CLOSE be worth now?

14 MILL CLOSE might now be worth an estimated £429,631.

This is based on house price inflation of 82.4%, between February 2010 and February 2025, for semi-detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 82.4% inflationary increase is applied to the most recent sale price for 14 MILL CLOSE of £235,500 on 5th February 2010. For the value to have increased from £235,500 to £429,631 over the fifteen years to February 2025, the following assumptions must hold true:

• The value of 14 MILL CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The February 2010 sale price of £235,500 represented a fair market value for the property.
• The size, condition, and specification of 14 MILL CLOSE has not materially changed since February 2010.

How Large is 14 MILL CLOSE?

14 MILL CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 30% of semi-detached houses houses in Great Bardfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Bardfield, and where 14 MILL CLOSE lies on this distribution: 22% of semi-detached houses houses are smaller than 14 MILL CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Great Bardfield.

14 MILL CLOSE: Plot and Title Map

14 MILL CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 14 MILL CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 14 MILL CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 14 MILL CLOSE?

14 MILL CLOSE is located in GREAT BARDFIELD, in the CM7 postcode district. The below map shows the position of No. 14 on MILL CLOSE.