CHASEWAY HOUSE, PENTICTON ROAD, BRAINTREE, CM7 2NP - £470,000

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

CHASEWAY HOUSE is a large extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £470,000 in October 2023, which was around 12% below the average October 2023 detached price in the Braintree local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

CHASEWAY HOUSE Sold Prices

Land registry data shows two sales for CHASEWAY HOUSE 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 CHASEWAY HOUSE 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
2023 26 OCT	£470,000	£532,315	12% below HPI
2002 25 JAN	£166,000	£186,849	11% below HPI

CHASEWAY HOUSE 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 CHASEWAY HOUSE sales from January 2002 and October 2023 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 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is CHASEWAY HOUSE?

CHASEWAY HOUSE is 139m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where CHASEWAY HOUSE lies on this distribution: 79% of detached houses are smaller than CHASEWAY HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Braintree.

CHASEWAY HOUSE: Plot and Title Map

CHASEWAY HOUSE sits on a plot of roughly 0.140 of an acre, or 569m². The below map shows the location of CHASEWAY HOUSE, 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 CHASEWAY HOUSE). 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 CHASEWAY HOUSE?

CHASEWAY HOUSE is located on PENTICTON ROAD in BRAINTREE, in the CM7 postcode district. The below map shows the position of CHASEWAY HOUSE on PENTICTON ROAD.