18, TAILORS CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7GB - £588,750

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

18 TAILORS CLOSE is a very large detached house of 181m², built sometime between 2003 and 2006. It was last sold for £588,750 in August 2018, which was around 25% above the average August 2018 detached price in the Braintree local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

18 TAILORS CLOSE Sold Prices

Land registry data shows four sales for 18 TAILORS CLOSE 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 18 TAILORS CLOSE sales were for above 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 1 AUG	£588,750	£471,011	25% above HPI
2011 14 APR	£485,000	£305,432	59% above HPI
2006 3 JUL	£430,000	£294,225	46% above HPI
2003 1 AUG	£410,000	£251,998	63% above HPI

18 TAILORS 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 four 18 TAILORS CLOSE sales between August 2003 and August 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 April 2011 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the August 2018 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 18 TAILORS CLOSE?

18 TAILORS CLOSE is 181m² according to the EPC inspection conducted in April 2009. This puts it in the largest 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 18 TAILORS CLOSE lies on this distribution: 86% of detached houses are smaller than 18 TAILORS CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

18 TAILORS CLOSE: Plot and Title Map

18 TAILORS CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 18 TAILORS 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 TAILORS 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 TAILORS CLOSE?

18 TAILORS CLOSE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 18 on TAILORS CLOSE.