264, CRESSING ROAD, BRAINTREE, CM7 3PQ - £222,500

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

264 CRESSING ROAD is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £222,500 in June 2006, which was around 23% below the average June 2006 detached price in the Braintree local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was C.

264 CRESSING ROAD Sold Prices

Land registry data shows three sales for 264 CRESSING 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 264 CRESSING 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
2006 23 JUN	£222,500	£288,880	23% below HPI
1999 27 AUG	£96,000	£126,668	24% below HPI
1998 14 SEP	£65,100	£115,198	43% below HPI

264 CRESSING 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 264 CRESSING ROAD sales between September 1998 and June 2006 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 August 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2006 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 264 CRESSING ROAD?

264 CRESSING ROAD is 96m², which includes one extension, according to the EPC inspection conducted in December 2012. 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 264 CRESSING ROAD lies on this distribution: 33% of detached houses are smaller than 264 CRESSING ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Braintree.

264 CRESSING ROAD: Plot and Title Map

264 CRESSING ROAD sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of 264 CRESSING 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 264 CRESSING 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 264 CRESSING ROAD?

264 CRESSING ROAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 264 on CRESSING ROAD.