MERCERS, THE GREEN, FINCHINGFIELD, BRAINTREE, CM7 4JS - £442,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MERCERS is a large extended detached house of 161m², built sometime before 1900, which could now be worth an estimated £847,150. It was last sold for £442,500 in June 2006, which was around 46% above the average June 2006 detached price in the Braintree local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was D.

MERCERS Sold Prices

Land registry data shows two sales for MERCERS 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 MERCERS 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
2006 12 JUN	£442,500	£302,150	46% above HPI
1999 18 OCT	£199,000	£135,842	46% above HPI

MERCERS 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 MERCERS sales from October 1999 and June 2006 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 October 1999 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2006 sale, which was also at 46% above the HPI.

What might MERCERS be worth now?

MERCERS might now be worth an estimated £847,150.

This is based on house price inflation of 91.4%, between June 2006 and December 2024, 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 91.4% inflationary increase is applied to the most recent sale price for MERCERS of £442,500 on 12th June 2006. For the value to have increased from £442,500 to £847,150 over the seventeen years and six months to December 2024, the following assumptions must hold true:

• The value of MERCERS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2006 sale price of £442,500 represented a fair market value for the property.
• The size, condition, and specification of MERCERS has not materially changed since June 2006.

How Large is MERCERS?

MERCERS is 161m², which includes three extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses houses in Finchingfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Finchingfield, and where MERCERS lies on this distribution: 60% of detached houses houses are smaller than MERCERS, and 40% of houses are larger. Note that EPC data is not available for all properties in Finchingfield.

MERCERS: Plot and Title Map

MERCERS sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of MERCERS, 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 MERCERS). 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 MERCERS?

MERCERS is located on THE GREEN in FINCHINGFIELD, in the CM7 postcode district. The below map shows the position of MERCERS on THE GREEN.