3, COLVILLE CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7ZA - £612,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 COLVILLE CLOSE is a large extended detached house of 142m², built sometime between 1996 and 2002. It was last sold for £612,500 in December 2021, which was around 20% above the average December 2021 detached price in the Braintree local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

3 COLVILLE CLOSE Sold Prices

Land registry data shows four sales for 3 COLVILLE 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 3 COLVILLE CLOSE sales were 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
2021 3 DEC	£612,500	£509,529	20% above HPI
2009 10 DEC	£350,000	£286,904	22% above HPI
2000 31 AUG	£198,000	£151,635	31% above HPI
1998 25 SEP	£167,500	£115,198	45% above HPI

3 COLVILLE 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 3 COLVILLE CLOSE sales between September 1998 and December 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 December 2009 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 3 COLVILLE CLOSE?

3 COLVILLE CLOSE is 142m², which includes four extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 40% 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 3 COLVILLE CLOSE lies on this distribution: 61% of detached houses are smaller than 3 COLVILLE CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

3 COLVILLE CLOSE: Plot and Title Map

3 COLVILLE CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 3 COLVILLE 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 3 COLVILLE 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 3 COLVILLE CLOSE?

3 COLVILLE CLOSE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 3 on COLVILLE CLOSE.