28, BUTTERMERE, GREAT NOTLEY, BRAINTREE, CM77 7UY - £375,000

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

28 BUTTERMERE is a very small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £375,000 in August 2023, which was around 30% below the average August 2023 detached price in the Braintree local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

28 BUTTERMERE Sold Prices

Land registry data shows two sales for 28 BUTTERMERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 28 BUTTERMERE 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 18 AUG	£375,000	£536,954	30% below HPI
2004 9 JAN	£168,000	£255,968	34% below HPI

28 BUTTERMERE 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 two 28 BUTTERMERE sales from January 2004 and August 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 January 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 28 BUTTERMERE?

28 BUTTERMERE is 81m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 28 BUTTERMERE lies on this distribution: 4% of detached houses are smaller than 28 BUTTERMERE, and 95% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

28 BUTTERMERE: Plot and Title Map

28 BUTTERMERE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 28 BUTTERMERE, 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 BUTTERMERE). 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 BUTTERMERE?

28 BUTTERMERE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 28 on BUTTERMERE.