7, GREENBANKS, HALSTEAD, CO9 1FH - £299,950

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.

7 GREENBANKS is a midsized detached house of 112m², which could now be worth an estimated £535,149. It was last sold for £299,950 in October 2012, which was around 7% below the average October 2012 detached price in the Braintree local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

7 GREENBANKS Sold Prices

Land registry data shows two sales for 7 GREENBANKS 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 7 GREENBANKS 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
2012 12 OCT	£299,950	£323,702	7% below HPI
2011 29 NOV	£275,000	£321,452	14% below HPI

7 GREENBANKS 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 7 GREENBANKS sales from November 2011 and October 2012 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 November 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2012 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 7 GREENBANKS be worth now?

7 GREENBANKS might now be worth an estimated £535,149.

This is based on house price inflation of 78.4%, between October 2012 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 78.4% inflationary increase is applied to the most recent sale price for 7 GREENBANKS of £299,950 on 12th October 2012. For the value to have increased from £299,950 to £535,149 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 GREENBANKS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 2012 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 7 GREENBANKS has not materially changed since October 2012.

How Large is 7 GREENBANKS?

7 GREENBANKS is 112m² according to the EPC inspection conducted in December 2011. This puts it in the largest 50% of detached houses houses in Halstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halstead, and where 7 GREENBANKS lies on this distribution: 56% of detached houses houses are smaller than 7 GREENBANKS, and 44% of houses are larger. Note that EPC data is not available for all properties in Halstead.

7 GREENBANKS: Plot and Title Map

7 GREENBANKS sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 7 GREENBANKS, 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 7 GREENBANKS). 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 7 GREENBANKS?

7 GREENBANKS is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 7 on GREENBANKS.