8, THE LAURELS, QUEENBOROUGH LANE, BRAINTREE, CM77 7QD - £560,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

8 THE LAURELS is a very large extended detached house of 211m², built sometime between 1996 and 2002. It was last sold for £560,000 in April 2014, which was around 68% above the average April 2014 detached price in the Braintree local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

8 THE LAURELS Sold Prices

Land registry data shows three sales for 8 THE LAURELS 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 8 THE LAURELS 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
2014 11 APR	£560,000	£332,565	68% above HPI
2000 27 JAN	£295,000	£135,080	118% above HPI
1997 30 MAY	£220,000	£97,433	126% above HPI

8 THE LAURELS 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 8 THE LAURELS sales between May 1997 and April 2014 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 January 2000 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the April 2014 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 8 THE LAURELS?

8 THE LAURELS is 211m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 8 THE LAURELS lies on this distribution: 94% of detached houses are smaller than 8 THE LAURELS, and 6% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

8 THE LAURELS: Plot and Title Map

8 THE LAURELS sits on a plot of roughly 0.257 of an acre, or 1,040m². The below map shows the location of 8 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

8 THE LAURELS is located on QUEENBOROUGH LANE in BRAINTREE, in the CM77 postcode district. The below map shows the position of 8 THE LAURELS on QUEENBOROUGH LANE.