24, GRAYLING CLOSE, BRAINTREE, CM7 1WW - £245,000

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

24 GRAYLING CLOSE is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £245,000 in September 2007, which was around 28% below the average September 2007 detached price in the Braintree local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

24 GRAYLING CLOSE Sold Prices

Land registry data shows two sales for 24 GRAYLING 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 24 GRAYLING 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
2007 6 SEP	£245,000	£338,674	28% below HPI
1996 21 OCT	£89,995	£99,783	10% below HPI

24 GRAYLING 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 24 GRAYLING CLOSE sales from October 1996 and September 2007 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 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2007 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 24 GRAYLING CLOSE be worth now?

24 GRAYLING CLOSE might now be worth an estimated £418,460.

This is based on house price inflation of 70.8%, between September 2007 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 70.8% inflationary increase is applied to the most recent sale price for 24 GRAYLING CLOSE of £245,000 on 6th September 2007. For the value to have increased from £245,000 to £418,460 over the sixteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 24 GRAYLING CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The September 2007 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GRAYLING CLOSE has not materially changed since September 2007.

How Large is 24 GRAYLING CLOSE?

24 GRAYLING CLOSE is 84m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% 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 24 GRAYLING CLOSE lies on this distribution: 19% of detached houses houses are smaller than 24 GRAYLING CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Braintree.

24 GRAYLING CLOSE: Plot and Title Map

24 GRAYLING CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 24 GRAYLING 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 24 GRAYLING 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 24 GRAYLING CLOSE?

24 GRAYLING CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 24 on GRAYLING CLOSE.