2, MILL CLOSE, GREAT BARDFIELD, BRAINTREE, CM7 4RJ - £500,000

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 MILL CLOSE is a midsized extended detached house of 150m², built sometime between 1950 and 1966. It was last sold for £500,000 in July 2015, which was around 33% above the average July 2015 detached price in the Braintree local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

2 MILL CLOSE Sold Prices

Land registry data shows three sales for 2 MILL 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 MILL CLOSE sales 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 2 JUL	£500,000	£374,571	33% above HPI
2012 28 NOV	£412,000	£311,126	32% above HPI
1997 29 APR	£164,000	£96,540	70% above HPI

2 MILL 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 MILL CLOSE sales between April 1997 and July 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 November 2012 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2015 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 2 MILL CLOSE?

2 MILL CLOSE is 150m², which includes two extensions, according to the EPC inspection conducted in February 2009. This puts it in the largest 50% of detached houses in Great Bardfield, based on EPC data. The below chart shows the distribution of detached houses by size in Great Bardfield, and where 2 MILL CLOSE lies on this distribution: 56% of detached houses are smaller than 2 MILL CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Great Bardfield.

2 MILL CLOSE: Plot and Title Map

2 MILL CLOSE sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 2 MILL 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 MILL 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 MILL CLOSE?

2 MILL CLOSE is located in GREAT BARDFIELD, in the CM7 postcode district. The below map shows the position of No. 2 on MILL CLOSE.