3, PETRE CLOSE, INGATESTONE, CM4 9SX - £795,000

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.

3 PETRE CLOSE is a large detached house of 196m², built sometime between 1983 and 1990, which could now be worth an estimated £1,473,737. It was last sold for £795,000 in January 2010, which was around 56% above the average January 2010 detached price in the Brentwood local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

3 PETRE CLOSE Sold Prices

Land registry data shows two sales for 3 PETRE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. Both of the two 3 PETRE 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
2010 14 JAN	£795,000	£510,739	56% above HPI
1998 20 OCT	£357,000	£221,813	61% above HPI

3 PETRE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The two 3 PETRE CLOSE sales from October 1998 and January 2010 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 October 1998 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the January 2010 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 3 PETRE CLOSE be worth now?

3 PETRE CLOSE might now be worth an estimated £1,473,737.

This is based on house price inflation of 85.4%, between January 2010 and February 2025, for detached houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85.4% inflationary increase is applied to the most recent sale price for 3 PETRE CLOSE of £795,000 on 14th January 2010. For the value to have increased from £795,000 to £1,473,737 over the fourteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 PETRE CLOSE has moved in line with the HPI for detached houses in the Brentwood local authority area.
• The January 2010 sale price of £795,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PETRE CLOSE has not materially changed since January 2010.

How Large is 3 PETRE CLOSE?

3 PETRE CLOSE is 196m² according to the EPC inspection conducted in April 2009. This puts it in the largest 30% of detached houses houses in Ingatestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ingatestone, and where 3 PETRE CLOSE lies on this distribution: 80% of detached houses houses are smaller than 3 PETRE CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Ingatestone.

3 PETRE CLOSE: Plot and Title Map

3 PETRE CLOSE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 3 PETRE 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 PETRE 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 PETRE CLOSE?

3 PETRE CLOSE is located in INGATESTONE, in the CM4 postcode district. The below map shows the position of No. 3 on PETRE CLOSE.