6, TIMBERS CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7GZ - £337,500

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

6 TIMBERS CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £337,500 in August 2023, which was around 37% below the average August 2023 detached price in the Braintree local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

6 TIMBERS CLOSE Sold Prices

Land registry data shows three sales for 6 TIMBERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 6 TIMBERS 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
2023 25 AUG	£337,500	£536,954	37% below HPI
2004 23 APR	£157,500	£262,106	40% below HPI
1999 7 JAN	£84,995	£114,739	26% below HPI

6 TIMBERS 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 three 6 TIMBERS CLOSE sales between January 1999 and August 2023 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 April 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 6 TIMBERS CLOSE?

6 TIMBERS CLOSE is 73m² according to the EPC inspection conducted in April 2019. 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 6 TIMBERS CLOSE lies on this distribution: 2% of detached houses are smaller than 6 TIMBERS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

6 TIMBERS CLOSE: Plot and Title Map

6 TIMBERS CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 6 TIMBERS 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 TIMBERS 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 TIMBERS CLOSE?

6 TIMBERS CLOSE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 6 on TIMBERS CLOSE.