2, THE COURTYARD, BRAINTREE, CM7 9DE - £420,000

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 THE COURTYARD is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £420,000 in August 2023, which was around 22% below the average August 2023 detached price in the Braintree local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

2 THE COURTYARD Sold Prices

Land registry data shows two sales for 2 THE COURTYARD 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. One of the two 2 THE COURTYARD sales was for below the average price, whilst the other 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 8 AUG	£420,000	£536,862	22% below HPI
1999 31 AUG	£151,000	£126,668	19% above HPI

2 THE COURTYARD 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 THE COURTYARD sales from August 1999 and August 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 August 1999 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 THE COURTYARD?

2 THE COURTYARD is 117m² according to the EPC inspection conducted in April 2018. This puts it in the largest 50% 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 THE COURTYARD lies on this distribution: 58% of detached houses are smaller than 2 THE COURTYARD, and 42% of houses are larger. Note that EPC data is not available for all properties in Braintree.

2 THE COURTYARD: Plot and Title Map

2 THE COURTYARD sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 2 THE COURTYARD, 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 THE COURTYARD). 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 THE COURTYARD?

2 THE COURTYARD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 2 on THE COURTYARD.