7, WEALD CLOSE, BRENTWOOD, CM14 4QU - £395,000

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 WEALD CLOSE is a midsized extended detached house of 132m², built sometime between 1930 and 1949. It was last sold for £395,000 in September 2019, which was around 48% below the average September 2019 detached price in the Brentwood local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was E.

7 WEALD CLOSE Sold Prices

Land registry data shows two sales for 7 WEALD 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 Brentwood local authority area for the corresponding sale date. Both of the two 7 WEALD 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
2019 25 SEP	£395,000	£756,656	48% below HPI
2004 1 MAR	£339,950	£372,531	9% below HPI

7 WEALD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The two 7 WEALD CLOSE sales from March 2004 and September 2019 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 March 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2019 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 7 WEALD CLOSE?

7 WEALD CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% of detached houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses by size in Brentwood, and where 7 WEALD CLOSE lies on this distribution: 44% of detached houses are smaller than 7 WEALD CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

7 WEALD CLOSE: Plot and Title Map

7 WEALD CLOSE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 7 WEALD 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 WEALD 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 WEALD CLOSE?

7 WEALD CLOSE is located in BRENTWOOD, in the CM14 postcode district. The below map shows the position of No. 7 on WEALD CLOSE.