7, GUINEA CLOSE, BRAINTREE, CM7 9DP - £277,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 GUINEA CLOSE is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £499,795. It was last sold for £277,500 in March 2007, which was around 14% below the average March 2007 detached price in the Braintree local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

7 GUINEA CLOSE Sold Prices

Land registry data shows four sales for 7 GUINEA CLOSE 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 7 GUINEA 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
2007 19 MAR	£277,500	£321,174	14% below HPI
2003 6 JAN	£228,000	£252,461	10% below HPI
2001 30 MAR	£134,995	£167,754	20% below HPI
1997 2 MAY	£116,750	£101,909	15% above HPI

7 GUINEA 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 four 7 GUINEA CLOSE sales between May 1997 and March 2007 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 January 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2007 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 GUINEA CLOSE be worth now?

7 GUINEA CLOSE might now be worth an estimated £499,795.

This is based on house price inflation of 80.1%, between March 2007 and December 2024, 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 80.1% inflationary increase is applied to the most recent sale price for 7 GUINEA CLOSE of £277,500 on 19th March 2007. For the value to have increased from £277,500 to £499,795 over the sixteen years and three months to December 2024, the following assumptions must hold true:

• The value of 7 GUINEA CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2007 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 7 GUINEA CLOSE has not materially changed since March 2007.

How Large is 7 GUINEA CLOSE?

7 GUINEA CLOSE is 116m² according to the EPC inspection conducted in August 2024. This puts it in the largest 50% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 7 GUINEA CLOSE lies on this distribution: 57% of detached houses houses are smaller than 7 GUINEA CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Braintree.

7 GUINEA CLOSE: Plot and Title Map

7 GUINEA CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 7 GUINEA 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 7 GUINEA 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 7 GUINEA CLOSE?

7 GUINEA CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 7 on GUINEA CLOSE.