312, CRESSING ROAD, BRAINTREE, CM7 3PG - £430,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

312 CRESSING ROAD is a small extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £430,000 in March 2022, which was around 18% below the average March 2022 detached price in the Braintree local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

312 CRESSING ROAD Sold Prices

Land registry data shows five sales for 312 CRESSING ROAD 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 312 CRESSING ROAD 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
2022 2 MAR	£430,000	£521,816	18% below HPI
2016 18 AUG	£332,000	£432,687	23% below HPI
2009 27 AUG	£205,000	£273,288	25% below HPI
2000 20 DEC	£135,000	£159,310	15% below HPI
1998 22 MAY	£79,500	£110,714	28% below HPI

312 CRESSING ROAD 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 312 CRESSING ROAD sales between May 1998 and March 2022 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 August 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 312 CRESSING ROAD?

312 CRESSING ROAD is 101m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 312 CRESSING ROAD lies on this distribution: 38% of detached houses are smaller than 312 CRESSING ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Braintree.

312 CRESSING ROAD: Plot and Title Map

312 CRESSING ROAD sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 312 CRESSING ROAD, 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 312 CRESSING ROAD). 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 312 CRESSING ROAD?

312 CRESSING ROAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 312 on CRESSING ROAD.