6, OAKLANDS CLOSE, BRAINTREE, CM77 7PZ - £275,000

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.

6 OAKLANDS CLOSE is a small detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £428,565. It was last sold for £275,000 in August 2014, which was around 26% below the average August 2014 detached price in the Braintree local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

6 OAKLANDS CLOSE Sold Prices

Land registry data shows two sales for 6 OAKLANDS 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 6 OAKLANDS 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
2014 20 AUG	£275,000	£370,585	26% below HPI
2005 20 JUL	£261,500	£293,307	11% below HPI

6 OAKLANDS 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 6 OAKLANDS CLOSE sales from July 2005 and August 2014 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 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 6 OAKLANDS CLOSE be worth now?

6 OAKLANDS CLOSE might now be worth an estimated £428,565.

This is based on house price inflation of 55.8%, between August 2014 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 55.8% inflationary increase is applied to the most recent sale price for 6 OAKLANDS CLOSE of £275,000 on 20th August 2014. For the value to have increased from £275,000 to £428,565 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 6 OAKLANDS CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The August 2014 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 6 OAKLANDS CLOSE has not materially changed since August 2014.

How Large is 6 OAKLANDS CLOSE?

6 OAKLANDS CLOSE is 102m² according to the EPC inspection conducted in February 2013. 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 6 OAKLANDS CLOSE lies on this distribution: 20% of detached houses houses are smaller than 6 OAKLANDS CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

6 OAKLANDS CLOSE: Plot and Title Map

6 OAKLANDS CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 6 OAKLANDS 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 6 OAKLANDS 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 6 OAKLANDS CLOSE?

6 OAKLANDS CLOSE is located in BRAINTREE, in the CM77 postcode district. The below map shows the position of No. 6 on OAKLANDS CLOSE.