2, LIE FIELD CLOSE, BRAINTREE, CM7 3AD - £325,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LIE FIELD CLOSE is a very large detached house of 188m², built sometime between 1991 and 1995. It was last sold for £325,500 in September 2015, which was around 16% below the average September 2015 detached price in the Braintree local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

2 LIE FIELD CLOSE Sold Prices

Land registry data shows three sales for 2 LIE FIELD 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. One of the three 2 LIE FIELD CLOSE sales was for below the average price, whilst two were for above 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 18 SEP	£325,500	£389,061	16% below HPI
2004 23 APR	£283,500	£262,106	8% above HPI
2002 17 JUN	£237,950	£203,448	17% above HPI

2 LIE FIELD 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 LIE FIELD CLOSE sales between June 2002 and September 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 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 LIE FIELD CLOSE?

2 LIE FIELD CLOSE is 188m² according to the EPC inspection conducted in November 2016. This puts it in the largest 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 LIE FIELD CLOSE lies on this distribution: 95% of detached houses are smaller than 2 LIE FIELD CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Braintree.

2 LIE FIELD CLOSE: Plot and Title Map

2 LIE FIELD CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 2 LIE FIELD 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 LIE FIELD 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 LIE FIELD CLOSE?

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