4, MURRAY CLOSE, BRAINTREE, CM7 5QT - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MURRAY CLOSE is a midsized extended detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £353,564. It was last sold for £350,000 in July 2023, which was around 39% below the average July 2023 detached price in the Braintree local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

4 MURRAY CLOSE Sold Prices

Land registry data shows two sales for 4 MURRAY CLOSE 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 MURRAY 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
2023 14 JUL	£350,000	£571,704	39% below HPI
2009 15 OCT	£192,500	£300,028	36% below HPI

4 MURRAY 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 two 4 MURRAY CLOSE sales from October 2009 and July 2023 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 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 4 MURRAY CLOSE be worth now?

4 MURRAY CLOSE might now be worth an estimated £353,564.

This is based on house price inflation of 1%, between July 2023 and February 2025, 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 1% inflationary increase is applied to the most recent sale price for 4 MURRAY CLOSE of £350,000 on 14th July 2023. For the value to have increased from £350,000 to £353,564 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 4 MURRAY CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The July 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MURRAY CLOSE has not materially changed since July 2023.

How Large is 4 MURRAY CLOSE?

4 MURRAY CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 50% 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 MURRAY CLOSE lies on this distribution: 57% of detached houses houses are smaller than 4 MURRAY CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Braintree.

4 MURRAY CLOSE: Plot and Title Map

4 MURRAY CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 4 MURRAY 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 4 MURRAY 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 4 MURRAY CLOSE?

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