56, CHESTNUT AVENUE, GREAT NOTLEY, BRAINTREE, CM77 7YJ - £435,000

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

56 CHESTNUT AVENUE is a small extended detached house of 118m², built sometime between 2003 and 2006. It was last sold for £435,000 in March 2016, which was around 8% above the average March 2016 detached price in the Braintree local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

56 CHESTNUT AVENUE Sold Prices

Land registry data shows four sales for 56 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the four 56 CHESTNUT AVENUE sales were for above 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
2016 10 MAR	£435,000	£404,350	8% above HPI
2010 3 SEP	£367,000	£310,778	18% above HPI
2007 29 MAY	£339,000	£305,882	11% above HPI
2003 5 SEP	£252,000	£258,553	3% below HPI

56 CHESTNUT AVENUE 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 four 56 CHESTNUT AVENUE sales between September 2003 and March 2016 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 2010 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2016 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 56 CHESTNUT AVENUE?

56 CHESTNUT AVENUE is 118m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% 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 56 CHESTNUT AVENUE lies on this distribution: 38% of detached houses are smaller than 56 CHESTNUT AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

56 CHESTNUT AVENUE: Plot and Title Map

56 CHESTNUT AVENUE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 56 CHESTNUT AVENUE, 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 56 CHESTNUT AVENUE). 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 56 CHESTNUT AVENUE?

56 CHESTNUT AVENUE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 56 on CHESTNUT AVENUE.