31, GULLS CROFT, BRAINTREE, CM7 3RT - £320,000

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

31 GULLS CROFT is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £320,000 in June 2021, which was around 33% below the average June 2021 detached price in the Braintree local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

31 GULLS CROFT Sold Prices

Land registry data shows five sales for 31 GULLS CROFT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the five 31 GULLS CROFT 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
2021 7 JUN	£320,000	£479,342	33% below HPI
2004 27 SEP	£204,995	£284,035	28% below HPI
2002 31 MAY	£145,000	£200,737	28% below HPI
1999 1 JUL	£95,500	£124,072	23% below HPI
1999 25 FEB	£92,950	£115,933	20% below HPI

31 GULLS CROFT 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 five 31 GULLS CROFT sales between February 1999 and June 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 September 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 31 GULLS CROFT?

31 GULLS CROFT is 83m² according to the EPC inspection conducted in March 2020. 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 31 GULLS CROFT lies on this distribution: 17% of detached houses are smaller than 31 GULLS CROFT, and 82% of houses are larger. Note that EPC data is not available for all properties in Braintree.

31 GULLS CROFT: Plot and Title Map

31 GULLS CROFT sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 31 GULLS CROFT, 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 31 GULLS CROFT). 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 31 GULLS CROFT?

31 GULLS CROFT is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 31 on GULLS CROFT.