16, CHESTNUT GROVE, BRAINTREE, CM7 2LU - £387,000

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

16 CHESTNUT GROVE is a midsized extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £387,000 in May 2018, which was around 17% below the average May 2018 detached price in the Braintree local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

16 CHESTNUT GROVE Sold Prices

Land registry data shows two sales for 16 CHESTNUT GROVE 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 16 CHESTNUT GROVE 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
2018 11 MAY	£387,000	£465,697	17% below HPI
2007 27 JUL	£253,500	£318,950	21% below HPI

16 CHESTNUT GROVE 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 16 CHESTNUT GROVE sales from July 2007 and May 2018 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 July 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 16 CHESTNUT GROVE?

16 CHESTNUT GROVE is 119m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 16 CHESTNUT GROVE lies on this distribution: 60% of detached houses are smaller than 16 CHESTNUT GROVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Braintree.

16 CHESTNUT GROVE: Plot and Title Map

16 CHESTNUT GROVE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 16 CHESTNUT GROVE, 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 16 CHESTNUT GROVE). 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 16 CHESTNUT GROVE?

16 CHESTNUT GROVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 16 on CHESTNUT GROVE.