Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
288 CRESSING ROAD is a very large extended detached house of 178m², built sometime between 1930 and 1949. It was last sold for £635,091 in September 2021, which was around 30% above the average September 2021 detached price in the Braintree local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 288 CRESSING ROAD since 1st 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. One of the two 288 CRESSING ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2021 27 SEP | £635,091 | £487,723 | 30% above HPI |
2010 26 MAR | £230,000 | £301,848 | 24% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 288 CRESSING ROAD sales from March 2010 and September 2021 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 March 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.
288 CRESSING ROAD is 178m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 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 288 CRESSING ROAD lies on this distribution: 93% of detached houses are smaller than 288 CRESSING ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Braintree.
288 CRESSING ROAD sits on a plot of roughly 0.244 of an acre, or 989m². The below map shows the location of 288 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 288 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.
288 CRESSING ROAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 288 on CRESSING ROAD.