16, GRASMERE CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7UF - £226,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

16 GRASMERE CLOSE is a very small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £226,500 in April 2008, which was around 30% below the average April 2008 detached price in the Braintree local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

16 GRASMERE CLOSE Sold Prices

Land registry data shows three sales for 16 GRASMERE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 16 GRASMERE 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
2008 25 APR	£226,500	£323,483	30% below HPI
1997 7 MAR	£71,000	£97,497	27% below HPI
1995 30 JUN	£69,950	£91,477	24% below HPI

16 GRASMERE 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 three 16 GRASMERE CLOSE sales between June 1995 and April 2008 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 March 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2008 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 16 GRASMERE CLOSE?

16 GRASMERE CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 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 16 GRASMERE CLOSE lies on this distribution: 10% of detached houses are smaller than 16 GRASMERE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

16 GRASMERE CLOSE: Plot and Title Map

16 GRASMERE CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 16 GRASMERE 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 16 GRASMERE 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 16 GRASMERE CLOSE?

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