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

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

7 MERRIAM CLOSE is a large extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £338,000 in September 2021, which was around 23% 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	£439,825	23% below HPI
2010 7 MAY	£220,000	£270,985	19% below HPI
2004 13 MAY	£195,000	£228,238	15% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

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 in Brantham, based on EPC data. The below chart shows the distribution of detached houses by size in Brantham, and where 7 MERRIAM CLOSE lies on this distribution: 61% of detached houses are smaller than 7 MERRIAM CLOSE, and 39% 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.