3, FARTHING CLOSE, BRAINTREE, CM7 9DN - £174,500

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.

3 FARTHING CLOSE is a very small extended semi-detached house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £315,126. It was last sold for £174,500 in July 2006, which was around 6% below the average July 2006 semi-detached price in the Braintree local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

3 FARTHING CLOSE Sold Prices

Land registry data shows three sales for 3 FARTHING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Two of the three 3 FARTHING CLOSE sales were for below the average price, whilst one 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
2006 17 JUL	£174,500	£186,331	6% below HPI
2004 3 DEC	£173,000	£175,670	2% below HPI
1999 30 JUL	£77,500	£72,734	7% above HPI

3 FARTHING CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The three 3 FARTHING CLOSE sales between July 1999 and July 2006 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 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2006 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 FARTHING CLOSE be worth now?

3 FARTHING CLOSE might now be worth an estimated £315,126.

This is based on house price inflation of 80.6%, between July 2006 and February 2025, for semi-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 80.6% inflationary increase is applied to the most recent sale price for 3 FARTHING CLOSE of £174,500 on 17th July 2006. For the value to have increased from £174,500 to £315,126 over the nineteen years and five months to February 2025, the following assumptions must hold true:

• The value of 3 FARTHING CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The July 2006 sale price of £174,500 represented a fair market value for the property.
• The size, condition, and specification of 3 FARTHING CLOSE has not materially changed since July 2006.

How Large is 3 FARTHING CLOSE?

3 FARTHING CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of semi-detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Braintree, and where 3 FARTHING CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 3 FARTHING CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Braintree.

3 FARTHING CLOSE: Plot and Title Map

3 FARTHING CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 3 FARTHING 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 FARTHING 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 FARTHING CLOSE?

3 FARTHING CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 3 on FARTHING CLOSE.