7, NEWNHAM CLOSE, BRAINTREE, CM7 2PR - £350,000

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 NEWNHAM CLOSE is a large extended detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £606,890. It was last sold for £350,000 in July 2007, which was around 5% above the average July 2007 detached price in the Braintree local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

7 NEWNHAM CLOSE Sold Prices

Land registry data shows two sales for 7 NEWNHAM CLOSE 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. One of the two 7 NEWNHAM CLOSE sales was for above the average price, whilst the other was 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 5 JUL	£350,000	£333,601	5% above HPI
2001 25 MAY	£116,500	£175,639	34% below HPI

7 NEWNHAM 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 two 7 NEWNHAM CLOSE sales from May 2001 and July 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 May 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2007 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 7 NEWNHAM CLOSE be worth now?

7 NEWNHAM CLOSE might now be worth an estimated £606,890.

This is based on house price inflation of 73.4%, between July 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 73.4% inflationary increase is applied to the most recent sale price for 7 NEWNHAM CLOSE of £350,000 on 5th July 2007. For the value to have increased from £350,000 to £606,890 over the sixteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 7 NEWNHAM CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The July 2007 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NEWNHAM CLOSE has not materially changed since July 2007.

How Large is 7 NEWNHAM CLOSE?

7 NEWNHAM CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 30% 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 NEWNHAM CLOSE lies on this distribution: 70% of detached houses houses are smaller than 7 NEWNHAM CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Braintree.

7 NEWNHAM CLOSE: Plot and Title Map

7 NEWNHAM CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 7 NEWNHAM 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 NEWNHAM 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 NEWNHAM CLOSE?

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