44, THE PADDOCKS, BURES, CO8 5DF - £340,000

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

44 THE PADDOCKS is a very small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £340,000 in February 2024, which was around 35% below the average February 2024 detached price in the Braintree local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was B.

44 THE PADDOCKS Sold Prices

Land registry data shows two sales for 44 THE PADDOCKS 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 44 THE PADDOCKS 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
2024 8 FEB	£340,000	£524,614	35% below HPI
1996 20 SEP	£66,000	£95,598	31% below HPI

44 THE PADDOCKS 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 44 THE PADDOCKS sales from September 1996 and February 2024 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 September 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 44 THE PADDOCKS?

44 THE PADDOCKS is 87m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Bures, based on EPC data. The below chart shows the distribution of detached houses by size in Bures, and where 44 THE PADDOCKS lies on this distribution: 17% of detached houses are smaller than 44 THE PADDOCKS, and 82% of houses are larger. Note that EPC data is not available for all properties in Bures.

44 THE PADDOCKS: Plot and Title Map

44 THE PADDOCKS sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 44 THE PADDOCKS, 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 44 THE PADDOCKS). 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 44 THE PADDOCKS?

44 THE PADDOCKS is located in BURES, in the CO8 postcode district. The below map shows the position of No. 44 on THE PADDOCKS.