48, CONNAUGHT GARDENS, BRAINTREE, CM7 9LZ - £315,000

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.

48 CONNAUGHT GARDENS is a very small extended detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £359,538. It was last sold for £315,000 in August 2020, which was around 36% below the average August 2020 detached price in the Braintree local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

48 CONNAUGHT GARDENS Sold Prices

Land registry data shows three sales for 48 CONNAUGHT GARDENS 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 48 CONNAUGHT GARDENS 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
2020 28 AUG	£315,000	£495,071	36% below HPI
2008 9 APR	£243,995	£338,342	28% below HPI
2002 16 AUG	£149,000	£223,005	33% below HPI

48 CONNAUGHT GARDENS 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 48 CONNAUGHT GARDENS sales between August 2002 and August 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 April 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 48 CONNAUGHT GARDENS be worth now?

48 CONNAUGHT GARDENS might now be worth an estimated £359,538.

This is based on house price inflation of 14.1%, between August 2020 and March 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 14.1% inflationary increase is applied to the most recent sale price for 48 CONNAUGHT GARDENS of £315,000 on 28th August 2020. For the value to have increased from £315,000 to £359,538 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of 48 CONNAUGHT GARDENS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The August 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 48 CONNAUGHT GARDENS has not materially changed since August 2020.

How Large is 48 CONNAUGHT GARDENS?

48 CONNAUGHT GARDENS is 78m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% 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 48 CONNAUGHT GARDENS lies on this distribution: 12% of detached houses houses are smaller than 48 CONNAUGHT GARDENS, and 87% of houses are larger. Note that EPC data is not available for all properties in Braintree.

48 CONNAUGHT GARDENS: Plot and Title Map

48 CONNAUGHT GARDENS sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 48 CONNAUGHT GARDENS, 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 48 CONNAUGHT GARDENS). 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 48 CONNAUGHT GARDENS?

48 CONNAUGHT GARDENS is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 48 on CONNAUGHT GARDENS.