8, BRACE CLOSE, CHESHUNT, WALTHAM CROSS, EN7 6WY - £432,500

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.

8 BRACE CLOSE is a very small semi-detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £536,455. It was last sold for £432,500 in May 2016, which was around 5% above the average May 2016 semi-detached price in the Broxbourne local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

8 BRACE CLOSE Sold Prices

Land registry data shows three sales for 8 BRACE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Broxbourne local authority area for the corresponding sale date. All of the three 8 BRACE CLOSE sales were for above 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
2016 24 MAY	£432,500	£411,993	5% above HPI
2010 26 FEB	£290,000	£254,867	14% above HPI
1999 26 MAY	£130,950	£112,328	17% above HPI

8 BRACE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broxbourne local authority area over time, sourced from the HPI. The three 8 BRACE CLOSE sales between May 1999 and May 2016 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 February 2010 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 8 BRACE CLOSE be worth now?

8 BRACE CLOSE might now be worth an estimated £536,455.

This is based on house price inflation of 24%, between May 2016 and March 2025, for semi-detached houses, in the Broxbourne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24% inflationary increase is applied to the most recent sale price for 8 BRACE CLOSE of £432,500 on 24th May 2016. For the value to have increased from £432,500 to £536,455 over the nine years and two months to March 2025, the following assumptions must hold true:

• The value of 8 BRACE CLOSE has moved in line with the HPI for semi-detached houses in the Broxbourne local authority area.
• The May 2016 sale price of £432,500 represented a fair market value for the property.
• The size, condition, and specification of 8 BRACE CLOSE has not materially changed since May 2016.

How Large is 8 BRACE CLOSE?

8 BRACE CLOSE is 80m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of semi-detached houses houses in Cheshunt, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheshunt, and where 8 BRACE CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 8 BRACE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

8 BRACE CLOSE: Plot and Title Map

8 BRACE CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 8 BRACE 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 8 BRACE 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 8 BRACE CLOSE?

8 BRACE CLOSE is located in CHESHUNT, in the EN7 postcode district. The below map shows the position of No. 8 on BRACE CLOSE.