15, CHESTNUT AVENUE, GREAT NOTLEY, BRAINTREE, CM77 7YJ - £455,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 CHESTNUT AVENUE is a very large extended detached house of 169m², built sometime between 2003 and 2006. It was last sold for £455,000 in June 2016, which was around 8% above the average June 2016 detached price in the Braintree local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

15 CHESTNUT AVENUE Sold Prices

Land registry data shows four sales for 15 CHESTNUT AVENUE 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 CHESTNUT AVENUE 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
2016 17 JUN	£455,000	£422,386	8% above HPI
2014 21 JAN	£369,995	£325,774	14% above HPI
2005 19 AUG	£287,500	£284,748	1% above HPI
2002 22 NOV	£235,000	£233,154	1% above HPI

15 CHESTNUT AVENUE 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 CHESTNUT AVENUE sales between November 2002 and June 2016 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 January 2014 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2016 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 15 CHESTNUT AVENUE?

15 CHESTNUT AVENUE is 169m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 15 CHESTNUT AVENUE lies on this distribution: 80% of detached houses are smaller than 15 CHESTNUT AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

15 CHESTNUT AVENUE: Plot and Title Map

15 CHESTNUT AVENUE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 15 CHESTNUT AVENUE, 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 CHESTNUT AVENUE). 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 CHESTNUT AVENUE?

15 CHESTNUT AVENUE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 15 on CHESTNUT AVENUE.