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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 BEDFORD CLOSE is a very large extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £264,500 in October 2013, which was around 18% 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	£324,427	18% below HPI
2006 26 JUN	£239,000	£288,880	17% below HPI
2001 29 JUN	£144,000	£169,871	15% 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2013 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

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 in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 2 BEDFORD CLOSE lies on this distribution: 87% of detached 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.