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
23 CUT HEDGE is a very small extended detached house of 88m², built sometime between 1983 and 1990. It was last sold for £412,500 in March 2024, which was around 22% below the average March 2024 detached price in the Braintree local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 23 CUT HEDGE since 1st 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 23 CUT HEDGE 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 |
---|---|---|---|
2024 8 MAR | £412,500 | £526,720 | 22% below HPI |
1999 13 AUG | £105,000 | £126,668 | 17% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 23 CUT HEDGE sales from August 1999 and March 2024 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
23 CUT HEDGE is 88m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% 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 23 CUT HEDGE lies on this distribution: 9% of detached houses are smaller than 23 CUT HEDGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Great Notley.
23 CUT HEDGE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 23 CUT HEDGE, 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 23 CUT HEDGE). 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.
23 CUT HEDGE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 23 on CUT HEDGE.