17, BUTTERMERE, GREAT NOTLEY, BRAINTREE, CM77 7UY - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 BUTTERMERE is a very small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £369,233. It was last sold for £315,000 in March 2021, which was around 36% below the average March 2021 detached price in the Braintree local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

17 BUTTERMERE Sold Prices

Land registry data shows four sales for 17 BUTTERMERE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the four 17 BUTTERMERE 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
2021 4 MAR	£315,000	£493,491	36% below HPI
2016 4 NOV	£275,000	£452,470	39% below HPI
2010 7 DEC	£187,500	£314,601	40% below HPI
1995 21 NOV	£59,995	£96,689	38% below HPI

17 BUTTERMERE 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 four 17 BUTTERMERE sales between November 1995 and March 2021 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 November 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 17 BUTTERMERE be worth now?

17 BUTTERMERE might now be worth an estimated £369,233.

This is based on house price inflation of 17.2%, between March 2021 and December 2024, 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 17.2% inflationary increase is applied to the most recent sale price for 17 BUTTERMERE of £315,000 on 4th March 2021. For the value to have increased from £315,000 to £369,233 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 17 BUTTERMERE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 17 BUTTERMERE has not materially changed since March 2021.

How Large is 17 BUTTERMERE?

17 BUTTERMERE is 78m² according to the EPC inspection conducted in July 2010. 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 17 BUTTERMERE lies on this distribution: 3% of detached houses houses are smaller than 17 BUTTERMERE, and 97% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

17 BUTTERMERE: Plot and Title Map

17 BUTTERMERE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 17 BUTTERMERE, 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 17 BUTTERMERE). 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 17 BUTTERMERE?

17 BUTTERMERE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 17 on BUTTERMERE.