MILL BARN, THE CAUSEWAY, FINCHINGFIELD, BRAINTREE, CM7 4JU - £880,000

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.

MILL BARN is a very large detached house of 237m², built sometime between 2003 and 2006, which could now be worth an estimated £1,024,982. It was last sold for £880,000 in April 2021, which was around 77% above the average April 2021 detached price in the Braintree local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

MILL BARN Sold Prices

Land registry data shows three sales for MILL BARN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three MILL BARN 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
2021 23 APR	£880,000	£495,836	77% above HPI
2007 9 OCT	£750,000	£338,174	122% above HPI
2006 6 SEP	£760,000	£310,232	145% above HPI

MILL BARN 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 three MILL BARN sales between September 2006 and April 2021 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 2007 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the April 2021 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might MILL BARN be worth now?

MILL BARN might now be worth an estimated £1,024,982.

This is based on house price inflation of 16.5%, between April 2021 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 16.5% inflationary increase is applied to the most recent sale price for MILL BARN of £880,000 on 23rd April 2021. For the value to have increased from £880,000 to £1,024,982 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of MILL BARN has moved in line with the HPI for detached houses in the Braintree local authority area.
• The April 2021 sale price of £880,000 represented a fair market value for the property.
• The size, condition, and specification of MILL BARN has not materially changed since April 2021.

How Large is MILL BARN?

MILL BARN is 237m² according to the EPC inspection conducted in April 2010. This puts it in the largest 10% 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 MILL BARN lies on this distribution: 92% of detached houses houses are smaller than MILL BARN, and 8% of houses are larger. Note that EPC data is not available for all properties in Finchingfield.

MILL BARN: Plot and Title Map

MILL BARN sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of MILL BARN, 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 MILL BARN). 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 MILL BARN?

MILL BARN is located on THE CAUSEWAY in FINCHINGFIELD, in the CM7 postcode district. The below map shows the position of MILL BARN on THE CAUSEWAY.