2, CLARE ROAD, BRAINTREE, CM7 2PA - £320,000

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 CLARE ROAD is a midsized extended detached house of 119m², built sometime between 1900 and 1929. It was last sold for £320,000 in August 2017, which was around 30% below the average August 2017 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 CLARE ROAD Sold Prices

Land registry data shows two sales for 2 CLARE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 2 CLARE ROAD 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
2017 23 AUG	£320,000	£456,572	30% below HPI
1997 11 APR	£70,000	£96,540	27% below HPI

2 CLARE ROAD 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 two 2 CLARE ROAD sales from April 1997 and August 2017 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 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 CLARE ROAD?

2 CLARE ROAD is 119m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 40% 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 CLARE ROAD lies on this distribution: 60% of detached houses are smaller than 2 CLARE ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Braintree.

2 CLARE ROAD: Plot and Title Map

2 CLARE ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 2 CLARE ROAD, 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 CLARE ROAD). 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 CLARE ROAD?

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