23, GUINEA CLOSE, BRAINTREE, CM7 9DP - £197,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 GUINEA CLOSE is a midsized extended detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £484,606. It was last sold for £197,000 in October 2002, which was around 16% below the average October 2002 detached price in the Braintree local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

23 GUINEA CLOSE Sold Prices

Land registry data shows two sales for 23 GUINEA CLOSE 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. Both of the two 23 GUINEA CLOSE 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
2002 23 OCT	£197,000	£235,151	16% below HPI
1998 4 JUN	£107,000	£117,786	9% below HPI

23 GUINEA 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 two 23 GUINEA CLOSE sales from June 1998 and October 2002 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 June 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2002 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 23 GUINEA CLOSE be worth now?

23 GUINEA CLOSE might now be worth an estimated £484,606.

This is based on house price inflation of 146%, between October 2002 and December 2024, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 146% inflationary increase is applied to the most recent sale price for 23 GUINEA CLOSE of £197,000 on 23rd October 2002. For the value to have increased from £197,000 to £484,606 over the 21 years and ten months to December 2024, the following assumptions must hold true:

• The value of 23 GUINEA CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 2002 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 23 GUINEA CLOSE has not materially changed since October 2002.

How Large is 23 GUINEA CLOSE?

23 GUINEA CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 23 GUINEA CLOSE lies on this distribution: 46% of detached houses houses are smaller than 23 GUINEA CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Braintree.

23 GUINEA CLOSE: Plot and Title Map

23 GUINEA CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 23 GUINEA 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 23 GUINEA 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 23 GUINEA CLOSE?

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