4, CHESTNUT GROVE, BRAINTREE, CM7 2LU - £400,000

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

4 CHESTNUT GROVE is a small detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £422,504. It was last sold for £400,000 in May 2022, which was around 27% below the average May 2022 detached price in the Braintree local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

4 CHESTNUT GROVE Sold Prices

Land registry data shows three sales for 4 CHESTNUT GROVE 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. All of the three 4 CHESTNUT GROVE 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 17 MAY	£400,000	£547,644	27% below HPI
2009 30 APR	£239,995	£275,901	13% below HPI
1999 10 MAY	£104,000	£124,035	16% below HPI

4 CHESTNUT GROVE 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 4 CHESTNUT GROVE sales between May 1999 and May 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 April 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 4 CHESTNUT GROVE be worth now?

4 CHESTNUT GROVE might now be worth an estimated £422,504.

This is based on house price inflation of 5.6%, between May 2022 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 5.6% inflationary increase is applied to the most recent sale price for 4 CHESTNUT GROVE of £400,000 on 17th May 2022. For the value to have increased from £400,000 to £422,504 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 4 CHESTNUT GROVE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The May 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHESTNUT GROVE has not materially changed since May 2022.

How Large is 4 CHESTNUT GROVE?

4 CHESTNUT GROVE is 99m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 4 CHESTNUT GROVE lies on this distribution: 36% of detached houses houses are smaller than 4 CHESTNUT GROVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Braintree.

4 CHESTNUT GROVE: Plot and Title Map

4 CHESTNUT GROVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 4 CHESTNUT GROVE, 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 4 CHESTNUT GROVE). 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 4 CHESTNUT GROVE?

4 CHESTNUT GROVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 4 on CHESTNUT GROVE.