8, BROAD ROAD, BRAINTREE, CM7 9RT - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 BROAD ROAD is a very large extended detached house of 155m², built sometime between 2007 and 2011. It was last sold for £500,000 in April 2024, which was around 6% below the average April 2024 detached price in the Braintree local authority area. The most recent EPC inspection was August 2023, where the current energy rating was B, and the potential energy rating was B.

8 BROAD ROAD Sold Prices

Land registry data shows two sales for 8 BROAD ROAD 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 8 BROAD ROAD sales was for below the average price, whilst the other was 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
2024 17 APR	£500,000	£531,389	6% below HPI
2011 28 APR	£365,000	£305,432	20% above HPI

8 BROAD ROAD 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 8 BROAD ROAD sales from April 2011 and April 2024 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 April 2011 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 BROAD ROAD?

8 BROAD ROAD is 155m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 20% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 8 BROAD ROAD lies on this distribution: 86% of detached houses are smaller than 8 BROAD ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Braintree.

8 BROAD ROAD: Plot and Title Map

8 BROAD ROAD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 8 BROAD ROAD, 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 BROAD ROAD). 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 BROAD ROAD?

8 BROAD ROAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 8 on BROAD ROAD.