63, CHALLIS LANE, BRAINTREE, CM7 1AL - £230,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

63 CHALLIS LANE is a midsized extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £230,000 in August 2015, which was around 40% below the average August 2015 detached price in the Braintree local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

63 CHALLIS LANE Sold Prices

Land registry data shows two sales for 63 CHALLIS LANE 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 63 CHALLIS LANE 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
2015 28 AUG	£230,000	£382,638	40% below HPI
2000 15 DEC	£66,000	£159,310	59% below HPI

63 CHALLIS LANE 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 63 CHALLIS LANE sales from December 2000 and August 2015 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 December 2000 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the August 2015 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 63 CHALLIS LANE?

63 CHALLIS LANE is 113m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 63 CHALLIS LANE lies on this distribution: 53% of detached houses are smaller than 63 CHALLIS LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Braintree.

63 CHALLIS LANE: Plot and Title Map

63 CHALLIS LANE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 63 CHALLIS LANE, 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 63 CHALLIS LANE). 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 63 CHALLIS LANE?

63 CHALLIS LANE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 63 on CHALLIS LANE.