240, CHURCH STREET, BRAINTREE, CM7 5LQ - £288,000

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

240 CHURCH STREET is a very small extended detached house of 70m², built sometime between 1900 and 1929. It was last sold for £288,000 in October 2022, which was around 48% below the average October 2022 detached price in the Braintree local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

240 CHURCH STREET Sold Prices

Land registry data shows four sales for 240 CHURCH STREET 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. All of the four 240 CHURCH STREET 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 31 OCT	£288,000	£549,494	48% below HPI
2021 14 MAY	£227,500	£477,527	52% below HPI
2005 30 MAR	£143,000	£280,370	49% below HPI
2001 3 JUL	£85,000	£172,532	51% below HPI

240 CHURCH STREET 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 240 CHURCH STREET sales between July 2001 and October 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 May 2021 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the October 2022 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 240 CHURCH STREET?

240 CHURCH STREET is 70m², which includes two extensions, according to the EPC inspection conducted in August 2020. 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 240 CHURCH STREET lies on this distribution: 6% of detached houses are smaller than 240 CHURCH STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Braintree.

240 CHURCH STREET: Plot and Title Map

240 CHURCH STREET sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 240 CHURCH STREET, 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 240 CHURCH STREET). 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 240 CHURCH STREET?

240 CHURCH STREET is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 240 on CHURCH STREET.