4, CONVENT LANE, BRAINTREE, CM7 9RN - £475,000

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

4 CONVENT LANE is a midsized detached house of 117m², built sometime between 1950 and 1966. It was last sold for £475,000 in September 2021, which was around 3% below the average September 2021 detached price in the Braintree local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

4 CONVENT LANE Sold Prices

Land registry data shows two sales for 4 CONVENT LANE 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 4 CONVENT LANE 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
2021 27 SEP	£475,000	£487,723	3% below HPI
2009 17 DEC	£240,000	£286,904	16% below HPI

4 CONVENT LANE 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 4 CONVENT LANE sales from December 2009 and September 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 December 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 4 CONVENT LANE?

4 CONVENT LANE is 117m² according to the EPC inspection conducted in November 2012. 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 4 CONVENT LANE lies on this distribution: 58% of detached houses are smaller than 4 CONVENT LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Braintree.

4 CONVENT LANE: Plot and Title Map

4 CONVENT LANE sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 4 CONVENT LANE, 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 CONVENT LANE). 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 CONVENT LANE?

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