28, BULRUSH CLOSE, BRAINTREE, CM7 1WA - £400,000

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

28 BULRUSH CLOSE is a small detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £407,105. It was last sold for £400,000 in June 2023, which was around 30% below the average June 2023 detached price in the Braintree local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

28 BULRUSH CLOSE Sold Prices

Land registry data shows four sales for 28 BULRUSH CLOSE 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 28 BULRUSH 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
2023 23 JUN	£400,000	£568,359	30% below HPI
2015 8 MAY	£280,000	£388,562	28% below HPI
2002 11 OCT	£175,000	£235,151	26% below HPI
2000 27 OCT	£144,000	£162,608	11% below HPI

28 BULRUSH 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 four 28 BULRUSH CLOSE sales between October 2000 and June 2023 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 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 28 BULRUSH CLOSE be worth now?

28 BULRUSH CLOSE might now be worth an estimated £407,105.

This is based on house price inflation of 1.8%, between June 2023 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 1.8% inflationary increase is applied to the most recent sale price for 28 BULRUSH CLOSE of £400,000 on 23rd June 2023. For the value to have increased from £400,000 to £407,105 over the six months to December 2024, the following assumptions must hold true:

• The value of 28 BULRUSH CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 28 BULRUSH CLOSE has not materially changed since June 2023.

How Large is 28 BULRUSH CLOSE?

28 BULRUSH CLOSE is 93m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% 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 28 BULRUSH CLOSE lies on this distribution: 29% of detached houses houses are smaller than 28 BULRUSH CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Braintree.

28 BULRUSH CLOSE: Plot and Title Map

28 BULRUSH CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 28 BULRUSH 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 28 BULRUSH 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 28 BULRUSH CLOSE?

28 BULRUSH CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 28 on BULRUSH CLOSE.