3, TWELVE ACRES, BRAINTREE, CM7 3RY - £234,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 TWELVE ACRES is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £234,500 in April 2014, which was around 29% below the average April 2014 detached price in the Braintree local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

3 TWELVE ACRES Sold Prices

Land registry data shows four sales for 3 TWELVE ACRES 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 TWELVE ACRES sales were for below 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
2014 30 APR	£234,500	£332,565	29% below HPI
2005 30 SEP	£192,500	£287,204	33% below HPI
2003 11 NOV	£165,000	£256,027	36% below HPI
2000 15 DEC	£109,950	£159,310	31% below HPI

3 TWELVE ACRES 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 TWELVE ACRES sales between December 2000 and April 2014 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 September 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2014 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 TWELVE ACRES?

3 TWELVE ACRES is 84m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 3 TWELVE ACRES lies on this distribution: 18% of detached houses are smaller than 3 TWELVE ACRES, and 80% of houses are larger. Note that EPC data is not available for all properties in Braintree.

3 TWELVE ACRES: Plot and Title Map

3 TWELVE ACRES sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 TWELVE ACRES, 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 TWELVE ACRES). 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 TWELVE ACRES?

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