18, CHANTRY CLOSE, BRAINTREE, CM7 5FQ - £405,000

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.

18 CHANTRY CLOSE is a midsized detached house of 112m², which could now be worth an estimated £480,606. It was last sold for £405,000 in June 2019, which was around 17% below the average June 2019 detached price in the Braintree local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

18 CHANTRY CLOSE Sold Prices

Land registry data shows two sales for 18 CHANTRY 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 18 CHANTRY 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
2019 25 JUN	£405,000	£486,673	17% below HPI
2016 15 JAN	£360,000	£418,523	14% below HPI

18 CHANTRY 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 18 CHANTRY CLOSE sales from January 2016 and June 2019 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 January 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 18 CHANTRY CLOSE be worth now?

18 CHANTRY CLOSE might now be worth an estimated £480,606.

This is based on house price inflation of 18.7%, between June 2019 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 18.7% inflationary increase is applied to the most recent sale price for 18 CHANTRY CLOSE of £405,000 on 25th June 2019. For the value to have increased from £405,000 to £480,606 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 18 CHANTRY CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2019 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CHANTRY CLOSE has not materially changed since June 2019.

How Large is 18 CHANTRY CLOSE?

18 CHANTRY CLOSE is 112m² according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 18 CHANTRY CLOSE lies on this distribution: 51% of detached houses houses are smaller than 18 CHANTRY CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Braintree.

18 CHANTRY CLOSE: Plot and Title Map

18 CHANTRY CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 18 CHANTRY 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 18 CHANTRY 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 18 CHANTRY CLOSE?

18 CHANTRY CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 18 on CHANTRY CLOSE.