19, SOVEREIGN CLOSE, BRAINTREE, CM7 9DJ - £258,000

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.

19 SOVEREIGN CLOSE is a very small semi-detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £324,760. It was last sold for £258,000 in October 2016, which was around 2% below the average October 2016 semi-detached price in the Braintree local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

19 SOVEREIGN CLOSE Sold Prices

Land registry data shows three sales for 19 SOVEREIGN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. One of the three 19 SOVEREIGN CLOSE sales was for below the average price, whilst two 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
2016 18 OCT	£258,000	£264,537	2% below HPI
1999 26 NOV	£79,000	£75,955	4% above HPI
1995 20 OCT	£76,860	£55,586	38% above HPI

19 SOVEREIGN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The three 19 SOVEREIGN CLOSE sales between October 1995 and October 2016 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 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 19 SOVEREIGN CLOSE be worth now?

19 SOVEREIGN CLOSE might now be worth an estimated £324,760.

This is based on house price inflation of 25.9%, between October 2016 and March 2025, for semi-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 25.9% inflationary increase is applied to the most recent sale price for 19 SOVEREIGN CLOSE of £258,000 on 18th October 2016. For the value to have increased from £258,000 to £324,760 over the nine years and seven months to March 2025, the following assumptions must hold true:

• The value of 19 SOVEREIGN CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The October 2016 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 19 SOVEREIGN CLOSE has not materially changed since October 2016.

How Large is 19 SOVEREIGN CLOSE?

19 SOVEREIGN CLOSE is 72m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of semi-detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Braintree, and where 19 SOVEREIGN CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 19 SOVEREIGN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Braintree.

19 SOVEREIGN CLOSE: Plot and Title Map

19 SOVEREIGN CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 19 SOVEREIGN 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 19 SOVEREIGN 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 19 SOVEREIGN CLOSE?

19 SOVEREIGN CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 19 on SOVEREIGN CLOSE.