2, BEDFORD CLOSE, BRAINTREE, CM7 9LN - £264,500

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.

2 BEDFORD CLOSE is a very large extended detached house of 156m², built sometime between 1950 and 1966, which could now be worth an estimated £440,460. It was last sold for £264,500 in October 2013, which was around 22% below the average October 2013 detached price in the Braintree local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

2 BEDFORD CLOSE Sold Prices

Land registry data shows three sales for 2 BEDFORD 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 2 BEDFORD 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
2013 18 OCT	£264,500	£339,329	22% below HPI
2006 26 JUN	£239,000	£302,150	21% below HPI
2001 29 JUN	£144,000	£177,674	19% below HPI

2 BEDFORD 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 2 BEDFORD CLOSE sales between June 2001 and October 2013 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 June 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2013 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 BEDFORD CLOSE be worth now?

2 BEDFORD CLOSE might now be worth an estimated £440,460.

This is based on house price inflation of 66.5%, between October 2013 and March 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 66.5% inflationary increase is applied to the most recent sale price for 2 BEDFORD CLOSE of £264,500 on 18th October 2013. For the value to have increased from £264,500 to £440,460 over the twelve years and seven months to March 2025, the following assumptions must hold true:

• The value of 2 BEDFORD CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 2013 sale price of £264,500 represented a fair market value for the property.
• The size, condition, and specification of 2 BEDFORD CLOSE has not materially changed since October 2013.

How Large is 2 BEDFORD CLOSE?

2 BEDFORD CLOSE is 156m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 20% 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 2 BEDFORD CLOSE lies on this distribution: 87% of detached houses houses are smaller than 2 BEDFORD CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Braintree.

2 BEDFORD CLOSE: Plot and Title Map

2 BEDFORD CLOSE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 2 BEDFORD 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 2 BEDFORD 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 2 BEDFORD CLOSE?

2 BEDFORD CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 2 on BEDFORD CLOSE.