24, GRENVILLE ROAD, BRAINTREE, CM7 2PW - £325,000

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

24 GRENVILLE ROAD is a very small extended detached house of 67m², built sometime between 1900 and 1929. It was last sold for £325,000 in December 2022, which was around 41% below the average December 2022 detached price in the Braintree local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

24 GRENVILLE ROAD Sold Prices

Land registry data shows three sales for 24 GRENVILLE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 24 GRENVILLE ROAD 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
2022 16 DEC	£325,000	£549,288	41% below HPI
2011 31 OCT	£175,000	£310,755	44% below HPI
2001 6 APR	£72,500	£164,049	56% below HPI

24 GRENVILLE ROAD 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 three 24 GRENVILLE ROAD sales between April 2001 and December 2022 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 2011 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2022 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 24 GRENVILLE ROAD?

24 GRENVILLE ROAD is 67m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 24 GRENVILLE ROAD lies on this distribution: 4% of detached houses are smaller than 24 GRENVILLE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Braintree.

24 GRENVILLE ROAD: Plot and Title Map

24 GRENVILLE ROAD sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 24 GRENVILLE ROAD, 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 GRENVILLE ROAD). 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 GRENVILLE ROAD?

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