7, MERRIAM CLOSE, BRANTHAM, MANNINGTREE, CO11 1RY - £338,000

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.

7 MERRIAM CLOSE is a large extended detached house of 119m², built sometime between 1983 and 1990, which could now be worth an estimated £367,905. It was last sold for £338,000 in September 2021, which was around 25% below the average September 2021 detached price in the Babergh local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

7 MERRIAM CLOSE Sold Prices

Land registry data shows three sales for 7 MERRIAM 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 Babergh local authority area for the corresponding sale date. All of the three 7 MERRIAM 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
2021 3 SEP	£338,000	£449,725	25% below HPI
2010 7 MAY	£220,000	£277,084	21% below HPI
2004 13 MAY	£195,000	£233,375	16% below HPI

7 MERRIAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three 7 MERRIAM CLOSE sales between May 2004 and September 2021 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 May 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 7 MERRIAM CLOSE be worth now?

7 MERRIAM CLOSE might now be worth an estimated £367,905.

This is based on house price inflation of 8.8%, between September 2021 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.8% inflationary increase is applied to the most recent sale price for 7 MERRIAM CLOSE of £338,000 on 3rd September 2021. For the value to have increased from £338,000 to £367,905 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 MERRIAM CLOSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The September 2021 sale price of £338,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MERRIAM CLOSE has not materially changed since September 2021.

How Large is 7 MERRIAM CLOSE?

7 MERRIAM CLOSE is 119m², which includes two extensions, according to the EPC inspection conducted in October 2009. This puts it in the largest 40% of detached houses houses in Brantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brantham, and where 7 MERRIAM CLOSE lies on this distribution: 60% of detached houses houses are smaller than 7 MERRIAM CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Brantham.

7 MERRIAM CLOSE: Plot and Title Map

7 MERRIAM CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 7 MERRIAM 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 MERRIAM 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 MERRIAM CLOSE?

7 MERRIAM CLOSE is located in BRANTHAM, in the CO11 postcode district. The below map shows the position of No. 7 on MERRIAM CLOSE.