2, CHESTNUT AVENUE, GOSFIELD, HALSTEAD, CO9 1TD - £365,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 CHESTNUT AVENUE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £365,000 in August 2022, which was around 32% below the average August 2022 detached price in the Braintree local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

2 CHESTNUT AVENUE Sold Prices

Land registry data shows three sales for 2 CHESTNUT AVENUE 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 CHESTNUT AVENUE 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
2022 17 AUG	£365,000	£536,848	32% below HPI
2021 17 AUG	£326,000	£480,485	32% below HPI
2020 24 JUL	£287,000	£471,438	39% below HPI

2 CHESTNUT AVENUE 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 CHESTNUT AVENUE sales between July 2020 and August 2022 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 August 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2022 sale, which was also at 32% below the HPI.

How Large is 2 CHESTNUT AVENUE?

2 CHESTNUT AVENUE is 66m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses in Gosfield, based on EPC data. The below chart shows the distribution of detached houses by size in Gosfield, and where 2 CHESTNUT AVENUE lies on this distribution: 4% of detached houses are smaller than 2 CHESTNUT AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Gosfield.

2 CHESTNUT AVENUE: Plot and Title Map

2 CHESTNUT AVENUE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 2 CHESTNUT AVENUE, 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 CHESTNUT AVENUE). 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 CHESTNUT AVENUE?

2 CHESTNUT AVENUE is located in GOSFIELD, in the CO9 postcode district. The below map shows the position of No. 2 on CHESTNUT AVENUE.