CHARNWOOD, PARSONAGE HILL, BURES, CO8 5DH - £462,500

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.

CHARNWOOD is a midsized extended detached house of 130m², built sometime between 1991 and 1995, which could now be worth an estimated £545,913. It was last sold for £462,500 in November 2017, which was around 5% below the average November 2017 detached price in the Braintree local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

CHARNWOOD Sold Prices

Land registry data shows two sales for CHARNWOOD 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. Both of the two CHARNWOOD 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
2017 20 NOV	£462,500	£489,283	5% below HPI
2010 25 NOV	£310,000	£322,819	4% below HPI

CHARNWOOD 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 CHARNWOOD sales from November 2010 and November 2017 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 November 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might CHARNWOOD be worth now?

CHARNWOOD might now be worth an estimated £545,913.

This is based on house price inflation of 18%, between November 2017 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for CHARNWOOD of £462,500 on 20th November 2017. For the value to have increased from £462,500 to £545,913 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of CHARNWOOD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2017 sale price of £462,500 represented a fair market value for the property.
• The size, condition, and specification of CHARNWOOD has not materially changed since November 2017.

How Large is CHARNWOOD?

CHARNWOOD is 130m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 50% of detached houses houses in Bures, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bures, and where CHARNWOOD lies on this distribution: 59% of detached houses houses are smaller than CHARNWOOD, and 41% of houses are larger. Note that EPC data is not available for all properties in Bures.

CHARNWOOD: Plot and Title Map

CHARNWOOD sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of CHARNWOOD, 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 CHARNWOOD). 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 CHARNWOOD?

CHARNWOOD is located on PARSONAGE HILL in BURES, in the CO8 postcode district. The below map shows the position of CHARNWOOD on PARSONAGE HILL.