38, FARTHING CLOSE, BRAINTREE, CM7 9DN - £235,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

38 FARTHING CLOSE is a very small semi-detached house of 55m², built sometime between 1996 and 2002. It was last sold for £235,000 in April 2019, which was around 49% below the average April 2019 detached price in the Braintree local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

38 FARTHING CLOSE Sold Prices

Land registry data shows four sales for 38 FARTHING CLOSE 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 38 FARTHING CLOSE 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
2019 26 APR	£235,000	£464,882	49% below HPI
2003 3 OCT	£124,995	£257,626	51% below HPI
1999 30 JUL	£62,500	£124,072	50% below HPI
1997 9 APR	£55,100	£96,541	43% below HPI

38 FARTHING CLOSE 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 38 FARTHING CLOSE sales between April 1997 and April 2019 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 October 2003 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the April 2019 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 38 FARTHING CLOSE?

38 FARTHING CLOSE is 55m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 38 FARTHING CLOSE lies on this distribution: 1% of detached houses are smaller than 38 FARTHING CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Braintree.

38 FARTHING CLOSE: Plot and Title Map

38 FARTHING CLOSE sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 38 FARTHING CLOSE, 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 38 FARTHING CLOSE). 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 38 FARTHING CLOSE?

38 FARTHING CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 38 on FARTHING CLOSE.