3, THRESHER RISE, BRAINTREE, CM77 7WN - £475,000

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 THRESHER RISE is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £475,000 in February 2019, which was about the average February 2019 detached price in the Braintree local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

3 THRESHER RISE Sold Prices

Land registry data shows four sales for 3 THRESHER RISE 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. The four 3 THRESHER RISE sales were a mix of roughly equal to the average price, and 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
2019 28 FEB	£475,000	£476,898	Close to HPI
2014 15 APR	£345,000	£332,565	4% above HPI
2005 26 JUL	£295,000	£280,425	5% above HPI
2002 29 NOV	£274,950	£233,154	18% above HPI

3 THRESHER RISE 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 THRESHER RISE sales between November 2002 and February 2019 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 April 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 3 THRESHER RISE?

3 THRESHER RISE is 126m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% 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 THRESHER RISE lies on this distribution: 46% of detached houses are smaller than 3 THRESHER RISE, and 53% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

3 THRESHER RISE: Plot and Title Map

3 THRESHER RISE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 3 THRESHER RISE, 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 THRESHER RISE). 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 THRESHER RISE?

3 THRESHER RISE is located in BRAINTREE, in the CM77 postcode district. The below map shows the position of No. 3 on THRESHER RISE.