APPLE TREES, LAMARSH HILL, BURES, CO8 5EH - £495,000

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

APPLE TREES is a midsized detached house of 123m², built sometime between 1983 and 1990. It was last sold for £495,000 in May 2018, which was around 6% above the average May 2018 detached price in the Braintree local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

APPLE TREES Sold Prices

Land registry data shows four sales for APPLE TREES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the four APPLE TREES 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
2018 29 MAY	£495,000	£465,697	6% above HPI
2010 9 SEP	£305,000	£310,778	2% below HPI
2006 9 MAY	£315,000	£286,913	10% above HPI
1995 24 NOV	£105,500	£92,442	14% above HPI

APPLE TREES 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 four APPLE TREES sales between November 1995 and May 2018 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 2010 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2018 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is APPLE TREES?

APPLE TREES is 123m² according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses in Bures, based on EPC data. The below chart shows the distribution of detached houses by size in Bures, and where APPLE TREES lies on this distribution: 53% of detached houses are smaller than APPLE TREES, and 47% of houses are larger. Note that EPC data is not available for all properties in Bures.

APPLE TREES: Plot and Title Map

APPLE TREES sits on a plot of roughly 0.191 of an acre, or 771m². The below map shows the location of APPLE TREES, 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 APPLE TREES). 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 APPLE TREES?

APPLE TREES is located on LAMARSH HILL in BURES, in the CO8 postcode district. The below map shows the position of APPLE TREES on LAMARSH HILL.