346, CRESSING ROAD, BRAINTREE, CM7 3PE - £470,000

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

346 CRESSING ROAD is a midsized detached house of 113m², built sometime between 1983 and 1990. It was last sold for £470,000 in September 2022, which was around 13% below the average September 2022 detached price in the Braintree local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

346 CRESSING ROAD Sold Prices

Land registry data shows two sales for 346 CRESSING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 346 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 12 SEP	£470,000	£541,770	13% below HPI
2011 9 FEB	£240,000	£295,742	19% below HPI

346 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 two 346 CRESSING ROAD sales from February 2011 and September 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 February 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 346 CRESSING ROAD?

346 CRESSING ROAD is 113m² according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 346 CRESSING ROAD lies on this distribution: 53% of detached houses are smaller than 346 CRESSING ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Braintree.

346 CRESSING ROAD: Plot and Title Map

346 CRESSING ROAD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 346 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 346 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 346 CRESSING ROAD?

346 CRESSING ROAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 346 on CRESSING ROAD.