24, RIVER MEAD, BRAINTREE, CM7 9AX - £248,000

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 RIVER MEAD is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £248,000 in November 2012, which was around 20% below the average November 2012 detached price in the Braintree local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

24 RIVER MEAD Sold Prices

Land registry data shows four sales for 24 RIVER MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the four 24 RIVER MEAD 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
2012 14 NOV	£248,000	£311,126	20% below HPI
2010 7 APR	£243,000	£297,477	18% below HPI
2002 2 MAY	£160,000	£200,737	20% below HPI
1997 26 SEP	£109,500	£102,701	7% above HPI

24 RIVER MEAD 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 four 24 RIVER MEAD sales between September 1997 and November 2012 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 April 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 24 RIVER MEAD?

24 RIVER MEAD is 96m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% 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 RIVER MEAD lies on this distribution: 34% of detached houses are smaller than 24 RIVER MEAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Braintree.

24 RIVER MEAD: Plot and Title Map

24 RIVER MEAD sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 24 RIVER MEAD, 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 RIVER MEAD). 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 RIVER MEAD?

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