34, CHESTNUT AVENUE, GREAT NOTLEY, BRAINTREE, CM77 7YJ - £480,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

34 CHESTNUT AVENUE is a small detached house of 118m², built sometime between 2003 and 2006, which could now be worth an estimated £530,905. It was last sold for £480,000 in October 2021, which was around 8% below the average October 2021 detached price in the Braintree local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

34 CHESTNUT AVENUE Sold Prices

Land registry data shows three sales for 34 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Two of the three 34 CHESTNUT AVENUE sales were for below the average price, whilst one was 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
2021 15 OCT	£480,000	£522,991	8% below HPI
2010 28 APR	£293,000	£311,142	6% below HPI
2003 28 MAR	£299,995	£257,400	17% above HPI

34 CHESTNUT AVENUE 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 three 34 CHESTNUT AVENUE sales between March 2003 and October 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 April 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 34 CHESTNUT AVENUE be worth now?

34 CHESTNUT AVENUE might now be worth an estimated £530,905.

This is based on house price inflation of 10.6%, between October 2021 and December 2024, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.6% inflationary increase is applied to the most recent sale price for 34 CHESTNUT AVENUE of £480,000 on 15th October 2021. For the value to have increased from £480,000 to £530,905 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 34 CHESTNUT AVENUE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 34 CHESTNUT AVENUE has not materially changed since October 2021.

How Large is 34 CHESTNUT AVENUE?

34 CHESTNUT AVENUE is 118m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% of detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Notley, and where 34 CHESTNUT AVENUE lies on this distribution: 38% of detached houses houses are smaller than 34 CHESTNUT AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

34 CHESTNUT AVENUE: Plot and Title Map

34 CHESTNUT AVENUE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 34 CHESTNUT AVENUE, 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 34 CHESTNUT AVENUE). 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 34 CHESTNUT AVENUE?

34 CHESTNUT AVENUE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 34 on CHESTNUT AVENUE.