5, BARN MEAD, BRAINTREE, CM7 3AF - £505,000

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

5 BARN MEAD is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £505,000 in July 2024, which was around 8% below the average July 2024 detached price in the Braintree local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

5 BARN MEAD Sold Prices

Land registry data shows five sales for 5 BARN MEAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the five 5 BARN MEAD 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 26 JUL	£505,000	£547,934	8% below HPI
2015 24 JUL	£307,000	£374,571	18% below HPI
2004 11 AUG	£232,000	£278,324	17% below HPI
1997 1 AUG	£96,000	£101,578	5% below HPI
1995 31 MAR	£97,500	£91,724	6% above HPI

5 BARN MEAD 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 five 5 BARN MEAD sales between March 1995 and July 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 July 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2024 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 5 BARN MEAD?

5 BARN MEAD is 117m², which includes one extension, according to the EPC inspection conducted in July 2020. 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 5 BARN MEAD lies on this distribution: 58% of detached houses are smaller than 5 BARN MEAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Braintree.

5 BARN MEAD: Plot and Title Map

5 BARN MEAD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 5 BARN MEAD, 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 5 BARN MEAD). 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 5 BARN MEAD?

5 BARN MEAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 5 on BARN MEAD.