2, FRESIAN CLOSE, BRAINTREE, CM7 2FD - £325,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 FRESIAN CLOSE is a large detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £547,158. It was last sold for £325,000 in March 2014, which was around 5% below the average March 2014 detached price in the Braintree local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

2 FRESIAN CLOSE Sold Prices

Land registry data shows three sales for 2 FRESIAN 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 FRESIAN 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
2014 27 MAR	£325,000	£343,590	5% below HPI
2007 11 JUN	£275,000	£324,817	15% below HPI
1999 16 JUL	£125,500	£129,771	3% below HPI

2 FRESIAN 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 FRESIAN CLOSE sales between July 1999 and March 2014 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 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2014 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 FRESIAN CLOSE be worth now?

2 FRESIAN CLOSE might now be worth an estimated £547,158.

This is based on house price inflation of 68.4%, between March 2014 and December 2024, 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 68.4% inflationary increase is applied to the most recent sale price for 2 FRESIAN CLOSE of £325,000 on 27th March 2014. For the value to have increased from £325,000 to £547,158 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of 2 FRESIAN CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FRESIAN CLOSE has not materially changed since March 2014.

How Large is 2 FRESIAN CLOSE?

2 FRESIAN CLOSE is 120m² according to the EPC inspection conducted in July 2013. This puts it in the largest 40% 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 FRESIAN CLOSE lies on this distribution: 62% of detached houses houses are smaller than 2 FRESIAN CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Braintree.

2 FRESIAN CLOSE: Plot and Title Map

2 FRESIAN CLOSE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 2 FRESIAN 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 FRESIAN 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 FRESIAN CLOSE?

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