MARKS FARM, COGGESHALL ROAD, BRAINTREE, CM77 8AA - £425,000

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

MARKS FARM is a very large extended detached house of 421m², built sometime before 1900. It was last sold for £425,000 in August 2002, which was around 99% above the average August 2002 detached price in the Braintree local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was D.

MARKS FARM Sold Prices

Land registry data shows two sales for MARKS FARM 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 MARKS FARM 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
2002 23 AUG	£425,000	£213,211	99% above HPI
2000 24 NOV	£360,000	£160,166	125% above HPI

MARKS FARM 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 MARKS FARM sales from November 2000 and August 2002 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 2000 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the August 2002 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.

How Large is MARKS FARM?

MARKS FARM is 421m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where MARKS FARM lies on this distribution: More than 99% of detached houses are smaller than MARKS FARM, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Braintree.

MARKS FARM: Plot and Title Map

MARKS FARM sits on a plot of roughly 1.5 acres, or 6,045m². The below map shows the location of MARKS FARM, 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 MARKS FARM). 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 MARKS FARM?

MARKS FARM is located on COGGESHALL ROAD in BRAINTREE, in the CM77 postcode district. The below map shows the position of MARKS FARM on COGGESHALL ROAD.