23, FRIARS LANE, BRAINTREE, CM7 9BL - £455,000

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

23 FRIARS LANE is a very large extended detached house of 141m², built sometime between 2003 and 2006. It was last sold for £455,000 in February 2019, which was around 5% below the average February 2019 detached price in the Braintree local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

23 FRIARS LANE Sold Prices

Land registry data shows two sales for 23 FRIARS LANE 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 23 FRIARS LANE 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
2019 26 FEB	£455,000	£476,898	5% below HPI
2006 29 SEP	£370,500	£296,607	25% above HPI

23 FRIARS LANE 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 23 FRIARS LANE sales from September 2006 and February 2019 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 September 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 23 FRIARS LANE?

23 FRIARS LANE is 141m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 20% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 23 FRIARS LANE lies on this distribution: 81% of detached houses are smaller than 23 FRIARS LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Braintree.

23 FRIARS LANE: Plot and Title Map

23 FRIARS LANE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 23 FRIARS LANE, 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 FRIARS LANE). 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 23 FRIARS LANE?

23 FRIARS LANE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 23 on FRIARS LANE.