29, CLAY PITS, BRAINTREE, CM7 3LA - £338,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 CLAY PITS is a very large detached house of 179m², built sometime between 1991 and 1995, which could now be worth an estimated £499,561. It was last sold for £338,000 in June 2015, which was around 13% below the average June 2015 detached price in the Braintree local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

29 CLAY PITS Sold Prices

Land registry data shows two sales for 29 CLAY PITS 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. One of the two 29 CLAY PITS sales was for below the average price, whilst the other was for above 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
2015 17 JUN	£338,000	£390,751	13% below HPI
2002 24 MAY	£249,975	£209,958	19% above HPI

29 CLAY PITS 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 29 CLAY PITS sales from May 2002 and June 2015 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 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 29 CLAY PITS be worth now?

29 CLAY PITS might now be worth an estimated £499,561.

This is based on house price inflation of 47.8%, between June 2015 and February 2025, 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 47.8% inflationary increase is applied to the most recent sale price for 29 CLAY PITS of £338,000 on 17th June 2015. For the value to have increased from £338,000 to £499,561 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 29 CLAY PITS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2015 sale price of £338,000 represented a fair market value for the property.
• The size, condition, and specification of 29 CLAY PITS has not materially changed since June 2015.

How Large is 29 CLAY PITS?

29 CLAY PITS is 179m² according to the EPC inspection conducted in November 2016. This puts it in the largest 10% 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 29 CLAY PITS lies on this distribution: 93% of detached houses houses are smaller than 29 CLAY PITS, and 7% of houses are larger. Note that EPC data is not available for all properties in Braintree.

29 CLAY PITS: Plot and Title Map

29 CLAY PITS sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 29 CLAY PITS, 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 29 CLAY PITS). 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 29 CLAY PITS?

29 CLAY PITS is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 29 on CLAY PITS.