15, BEDFORD CLOSE, BRAINTREE, CM7 9LN - £300,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 BEDFORD CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £300,500 in August 2021, which was around 37% below the average August 2021 detached price in the Braintree local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

15 BEDFORD CLOSE Sold Prices

Land registry data shows four sales for 15 BEDFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the four 15 BEDFORD CLOSE sales were for below 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
2021 27 AUG	£300,500	£480,485	37% below HPI
2016 18 NOV	£247,500	£432,599	43% below HPI
2004 12 JAN	£138,000	£255,968	46% below HPI
1996 31 OCT	£41,000	£95,401	57% below HPI

15 BEDFORD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The four 15 BEDFORD CLOSE sales between October 1996 and August 2021 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 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 15 BEDFORD CLOSE?

15 BEDFORD CLOSE is 65m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 15 BEDFORD CLOSE lies on this distribution: 3% of detached houses are smaller than 15 BEDFORD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Braintree.

15 BEDFORD CLOSE: Plot and Title Map

15 BEDFORD CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 15 BEDFORD 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 15 BEDFORD 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 15 BEDFORD CLOSE?

15 BEDFORD CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 15 on BEDFORD CLOSE.