2, SUMMERLEAZE COURT, LONDON ROAD, BRAINTREE, CM77 7YP - £500,000

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 SUMMERLEAZE COURT is a midsized detached house of 122m², built sometime between 1996 and 2002. It was last sold for £500,000 in March 2023, which was around 9% below the average March 2023 detached price in the Braintree local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

2 SUMMERLEAZE COURT Sold Prices

Land registry data shows three sales for 2 SUMMERLEAZE COURT 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. Two of the three 2 SUMMERLEAZE COURT sales were for below the average price, whilst one was 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
2023 10 MAR	£500,000	£549,415	9% below HPI
2015 23 OCT	£375,000	£392,038	4% below HPI
2001 27 APR	£212,500	£164,049	30% above HPI

2 SUMMERLEAZE COURT 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 SUMMERLEAZE COURT sales between April 2001 and March 2023 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 October 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 SUMMERLEAZE COURT?

2 SUMMERLEAZE COURT is 122m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 2 SUMMERLEAZE COURT lies on this distribution: 42% of detached houses are smaller than 2 SUMMERLEAZE COURT, and 57% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

2 SUMMERLEAZE COURT: Plot and Title Map

2 SUMMERLEAZE COURT sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 2 SUMMERLEAZE COURT, 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 SUMMERLEAZE COURT). 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 SUMMERLEAZE COURT?

2 SUMMERLEAZE COURT is located on LONDON ROAD in BRAINTREE, in the CM77 postcode district. The below map shows the position of 2 SUMMERLEAZE COURT on LONDON ROAD.