4, TEAL CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7YB - £325,000

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 TEAL CLOSE is a very small semi-detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £374,182. It was last sold for £325,000 in June 2020, which was around 11% above the average June 2020 semi-detached price in the Braintree local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

4 TEAL CLOSE Sold Prices

Land registry data shows four sales for 4 TEAL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the four 4 TEAL CLOSE sales were for above 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
2020 22 JUN	£325,000	£292,263	11% above HPI
2015 4 JUN	£245,000	£229,316	7% above HPI
2007 20 DEC	£226,000	£204,261	11% above HPI
1999 1 APR	£85,250	£69,527	23% above HPI

4 TEAL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The four 4 TEAL CLOSE sales between April 1999 and June 2020 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 June 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 4 TEAL CLOSE be worth now?

4 TEAL CLOSE might now be worth an estimated £374,182.

This is based on house price inflation of 15.1%, between June 2020 and February 2025, for semi-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 15.1% inflationary increase is applied to the most recent sale price for 4 TEAL CLOSE of £325,000 on 22nd June 2020. For the value to have increased from £325,000 to £374,182 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 4 TEAL CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The June 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 TEAL CLOSE has not materially changed since June 2020.

How Large is 4 TEAL CLOSE?

4 TEAL CLOSE is 71m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of semi-detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Notley, and where 4 TEAL CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 4 TEAL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

4 TEAL CLOSE: Plot and Title Map

4 TEAL CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 4 TEAL 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 TEAL 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 TEAL CLOSE?

4 TEAL CLOSE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 4 on TEAL CLOSE.