2, GAINSBOROUGH ROAD, BRAINTREE, CM77 8DU - £336,000

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 GAINSBOROUGH ROAD is a small detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £525,265. It was last sold for £336,000 in January 2015, which was around 9% below the average January 2015 detached price in the Braintree local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

2 GAINSBOROUGH ROAD Sold Prices

Land registry data shows three sales for 2 GAINSBOROUGH ROAD 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 GAINSBOROUGH 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
2015 30 JAN	£336,000	£369,430	9% below HPI
2005 22 APR	£255,000	£288,486	12% below HPI
2001 19 NOV	£176,000	£187,622	6% below HPI

2 GAINSBOROUGH 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 three 2 GAINSBOROUGH ROAD sales between November 2001 and January 2015 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 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 GAINSBOROUGH ROAD be worth now?

2 GAINSBOROUGH ROAD might now be worth an estimated £525,265.

This is based on house price inflation of 56.3%, between January 2015 and February 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 56.3% inflationary increase is applied to the most recent sale price for 2 GAINSBOROUGH ROAD of £336,000 on 30th January 2015. For the value to have increased from £336,000 to £525,265 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 GAINSBOROUGH ROAD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The January 2015 sale price of £336,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GAINSBOROUGH ROAD has not materially changed since January 2015.

How Large is 2 GAINSBOROUGH ROAD?

2 GAINSBOROUGH ROAD is 101m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses houses in Black Notley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Black Notley, and where 2 GAINSBOROUGH ROAD lies on this distribution: 21% of detached houses houses are smaller than 2 GAINSBOROUGH ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Black Notley.

2 GAINSBOROUGH ROAD: Plot and Title Map

2 GAINSBOROUGH ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 2 GAINSBOROUGH 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 GAINSBOROUGH 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 GAINSBOROUGH ROAD?

2 GAINSBOROUGH ROAD is located in BRAINTREE, in the CM77 postcode district. The below map shows the position of No. 2 on GAINSBOROUGH ROAD.