5, BUTTERMERE, GREAT NOTLEY, BRAINTREE, CM77 7UY - £237,500

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 BUTTERMERE is a very small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £237,500 in June 2011, which was around 22% below the average June 2011 detached price in the Braintree local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

5 BUTTERMERE Sold Prices

Land registry data shows two sales for 5 BUTTERMERE 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 5 BUTTERMERE 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
2011 20 JUN	£237,500	£305,143	22% below HPI
1997 19 AUG	£85,000	£101,578	16% below HPI

5 BUTTERMERE 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 5 BUTTERMERE sales from August 1997 and June 2011 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 August 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2011 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 BUTTERMERE?

5 BUTTERMERE is 88m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 5 BUTTERMERE lies on this distribution: 9% of detached houses are smaller than 5 BUTTERMERE, and 91% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

5 BUTTERMERE: Plot and Title Map

5 BUTTERMERE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 5 BUTTERMERE, 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 BUTTERMERE). 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 BUTTERMERE?

5 BUTTERMERE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 5 on BUTTERMERE.