FENPARK, CHAPEL HILL, BRAINTREE, CM7 3QZ - £295,000

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.

FENPARK is a small detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £451,241. It was last sold for £295,000 in November 2014, which was around 22% below the average November 2014 detached price in the Braintree local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

FENPARK Sold Prices

Land registry data shows two sales for FENPARK 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 FENPARK 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
2014 17 NOV	£295,000	£377,559	22% below HPI
1998 20 NOV	£117,500	£119,897	2% below HPI

FENPARK 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 FENPARK sales from November 1998 and November 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 November 1998 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might FENPARK be worth now?

FENPARK might now be worth an estimated £451,241.

This is based on house price inflation of 53%, between November 2014 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 53% inflationary increase is applied to the most recent sale price for FENPARK of £295,000 on 17th November 2014. For the value to have increased from £295,000 to £451,241 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of FENPARK has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2014 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of FENPARK has not materially changed since November 2014.

How Large is FENPARK?

FENPARK is 92m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where FENPARK lies on this distribution: 28% of detached houses houses are smaller than FENPARK, and 71% of houses are larger. Note that EPC data is not available for all properties in Braintree.

FENPARK: Plot and Title Map

FENPARK sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of FENPARK, 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 FENPARK). 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 FENPARK?

FENPARK is located on CHAPEL HILL in BRAINTREE, in the CM7 postcode district. The below map shows the position of FENPARK on CHAPEL HILL.