15, PARR CLOSE, BRAINTREE, CM7 9PT - £339,500

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 PARR CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £339,500 in May 2024, which was around 38% below the average May 2024 detached price in the Braintree local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

15 PARR CLOSE Sold Prices

Land registry data shows two sales for 15 PARR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 15 PARR 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
2024 30 MAY	£339,500	£548,463	38% below HPI
1999 20 SEP	£92,950	£129,275	28% below HPI

15 PARR 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 two 15 PARR CLOSE sales from September 1999 and May 2024 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 September 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2024 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 15 PARR CLOSE?

15 PARR CLOSE is 72m² according to the EPC inspection conducted in April 2024. 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 PARR CLOSE lies on this distribution: 8% of detached houses are smaller than 15 PARR CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Braintree.

15 PARR CLOSE: Plot and Title Map

15 PARR CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 15 PARR 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 PARR 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 PARR CLOSE?

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