5, ULLSWATER CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7UQ - £390,000

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.

5 ULLSWATER CLOSE is a small extended detached house of 106m², built sometime between 1976 and 1982, which could now be worth an estimated £442,588. It was last sold for £390,000 in November 2020, which was around 23% below the average November 2020 detached price in the Braintree local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

5 ULLSWATER CLOSE Sold Prices

Land registry data shows two sales for 5 ULLSWATER CLOSE 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 ULLSWATER CLOSE 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 10 NOV	£390,000	£508,905	23% below HPI
2001 9 OCT	£129,000	£185,650	31% below HPI

5 ULLSWATER CLOSE 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 ULLSWATER CLOSE sales from October 2001 and November 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 October 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 5 ULLSWATER CLOSE be worth now?

5 ULLSWATER CLOSE might now be worth an estimated £442,588.

This is based on house price inflation of 13.5%, between November 2020 and February 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 13.5% inflationary increase is applied to the most recent sale price for 5 ULLSWATER CLOSE of £390,000 on 10th November 2020. For the value to have increased from £390,000 to £442,588 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 ULLSWATER CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ULLSWATER CLOSE has not materially changed since November 2020.

How Large is 5 ULLSWATER CLOSE?

5 ULLSWATER CLOSE is 106m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Notley, and where 5 ULLSWATER CLOSE lies on this distribution: 24% of detached houses houses are smaller than 5 ULLSWATER CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

5 ULLSWATER CLOSE: Plot and Title Map

5 ULLSWATER CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 5 ULLSWATER 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 5 ULLSWATER 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 5 ULLSWATER CLOSE?

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