15, DAPHNE CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7YZ - £365,250

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.

15 DAPHNE CLOSE is a very small semi-detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £423,030. It was last sold for £365,250 in February 2019, which was around 26% above the average February 2019 semi-detached price in the Braintree local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

15 DAPHNE CLOSE Sold Prices

Land registry data shows four sales for 15 DAPHNE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the four 15 DAPHNE 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
2019 1 FEB	£365,250	£290,531	26% above HPI
2014 10 OCT	£260,000	£222,588	17% above HPI
2010 30 MAR	£210,000	£186,179	13% above HPI
1998 30 SEP	£90,000	£67,343	34% above HPI

15 DAPHNE 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 four 15 DAPHNE CLOSE sales between September 1998 and February 2019 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 October 2014 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 15 DAPHNE CLOSE be worth now?

15 DAPHNE CLOSE might now be worth an estimated £423,030.

This is based on house price inflation of 15.8%, between February 2019 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 15.8% inflationary increase is applied to the most recent sale price for 15 DAPHNE CLOSE of £365,250 on 1st February 2019. For the value to have increased from £365,250 to £423,030 over the six years to February 2025, the following assumptions must hold true:

• The value of 15 DAPHNE CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The February 2019 sale price of £365,250 represented a fair market value for the property.
• The size, condition, and specification of 15 DAPHNE CLOSE has not materially changed since February 2019.

How Large is 15 DAPHNE CLOSE?

15 DAPHNE CLOSE is 85m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of semi-detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Notley, and where 15 DAPHNE CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 15 DAPHNE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

15 DAPHNE CLOSE: Plot and Title Map

15 DAPHNE CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 15 DAPHNE 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 DAPHNE 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 DAPHNE CLOSE?

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