16, ELDER FIELD, GREAT NOTLEY, BRAINTREE, CM77 7TZ - £71,000

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.

16 ELDER FIELD is a very small detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £343,552. It was last sold for £71,000 in July 1998, which was around 41% below the average July 1998 detached price in the Braintree local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

16 ELDER FIELD Sold Prices

Land registry data shows two sales for 16 ELDER FIELD 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 ELDER FIELD 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
1998 27 JUL	£71,000	£119,354	41% below HPI
1995 16 FEB	£61,750	£98,908	38% below HPI

16 ELDER FIELD 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 ELDER FIELD sales from February 1995 and July 1998 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 February 1995 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 1998 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 16 ELDER FIELD be worth now?

16 ELDER FIELD might now be worth an estimated £343,552.

This is based on house price inflation of 383.9%, between July 1998 and February 2025, for 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 383.9% inflationary increase is applied to the most recent sale price for 16 ELDER FIELD of £71,000 on 27th July 1998. For the value to have increased from £71,000 to £343,552 over the 27 years and five months to February 2025, the following assumptions must hold true:

• The value of 16 ELDER FIELD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The July 1998 sale price of £71,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ELDER FIELD has not materially changed since July 1998.

How Large is 16 ELDER FIELD?

16 ELDER FIELD is 70m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Notley, and where 16 ELDER FIELD lies on this distribution: 1% of detached houses houses are smaller than 16 ELDER FIELD, and 99% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

16 ELDER FIELD: Plot and Title Map

16 ELDER FIELD sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 16 ELDER FIELD, 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 ELDER FIELD). 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 ELDER FIELD?

16 ELDER FIELD is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 16 on ELDER FIELD.