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 KINGSBRIDGE CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £375,000 in January 2021, which was around 22% below the average January 2021 detached price in the Braintree local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 KINGSBRIDGE CLOSE since 1st 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 KINGSBRIDGE 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 |
---|---|---|---|
2021 1 JAN | £375,000 | £480,982 | 22% below HPI |
2004 14 JUN | £232,000 | £266,785 | 13% below HPI |
2004 16 APR | £185,000 | £262,106 | 29% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three 2 KINGSBRIDGE CLOSE sales between April 2004 and January 2021 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 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
2 KINGSBRIDGE CLOSE is 74m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% 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 KINGSBRIDGE CLOSE lies on this distribution: 10% of detached houses are smaller than 2 KINGSBRIDGE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Braintree.
2 KINGSBRIDGE CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 2 KINGSBRIDGE 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 KINGSBRIDGE 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.
2 KINGSBRIDGE CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 2 on KINGSBRIDGE CLOSE.