2, MEADOW CLOSE, PANFIELD, BRAINTREE, CM7 5AE - £116,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 MEADOW CLOSE is a very small extended semi-detached house of 93m², built sometime between 1950 and 1966. It was last sold for £116,000 in July 2002, which was around 45% below the average July 2002 detached price in the Braintree local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

2 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 2 MEADOW CLOSE 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 MEADOW 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
2002 26 JUL	£116,000	£209,463	45% below HPI
1998 31 JUL	£72,000	£114,112	37% below HPI

2 MEADOW 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 two 2 MEADOW CLOSE sales from July 1998 and July 2002 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 July 1998 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2002 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 2 MEADOW CLOSE?

2 MEADOW CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Panfield, based on EPC data. The below chart shows the distribution of detached houses by size in Panfield, and where 2 MEADOW CLOSE lies on this distribution: 20% of detached houses are smaller than 2 MEADOW CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Panfield.

2 MEADOW CLOSE: Plot and Title Map

2 MEADOW CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 2 MEADOW 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 MEADOW 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 MEADOW CLOSE?

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