7, THE CHASEWAY, BRAINTREE, CM7 3FF - £280,000

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 THE CHASEWAY is a very small detached house of 46m², built sometime between 1991 and 1995. It was last sold for £280,000 in November 2022, which was around 52% below the average November 2022 detached price in the Braintree local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

7 THE CHASEWAY Sold Prices

Land registry data shows three sales for 7 THE CHASEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 7 THE CHASEWAY 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
2022 4 NOV	£280,000	£580,942	52% below HPI
2006 18 SEP	£158,000	£310,232	49% below HPI
2005 14 JUN	£150,000	£287,638	48% below HPI

7 THE CHASEWAY 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 three 7 THE CHASEWAY sales between June 2005 and November 2022 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 September 2006 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 7 THE CHASEWAY be worth now?

7 THE CHASEWAY might now be worth an estimated £278,801.

This is based on house price deflation of 0.4%, between November 2022 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 0.4% deflationary decrease is applied to the most recent sale price for 7 THE CHASEWAY of £280,000 on 4th November 2022. For the value to have decreased from £280,000 to £278,801 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 THE CHASEWAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE CHASEWAY has not materially changed since November 2022.

How Large is 7 THE CHASEWAY?

7 THE CHASEWAY is 46m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% 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 THE CHASEWAY lies on this distribution: Less than 1% of detached houses houses are smaller than 7 THE CHASEWAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Braintree.

7 THE CHASEWAY: Plot and Title Map

7 THE CHASEWAY sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 7 THE CHASEWAY, 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 THE CHASEWAY). 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 THE CHASEWAY?

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