OLD BREWERY, BRAINTREE ROAD, WETHERSFIELD, BRAINTREE, CM7 4BU - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OLD BREWERY is a very large extended detached house of 196m², built sometime before 1900. It was last sold for £525,000 in April 2017, which was around 18% above the average April 2017 detached price in the Braintree local authority area. The most recent EPC inspection was April 2013, where the current energy rating was F, and the potential energy rating was C.

OLD BREWERY Sold Prices

Land registry data shows two sales for OLD BREWERY 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 OLD BREWERY 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
2017 21 APR	£525,000	£446,455	18% above HPI
2013 31 OCT	£375,000	£324,427	16% above HPI

OLD BREWERY 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 OLD BREWERY sales from October 2013 and April 2017 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 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2017 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is OLD BREWERY?

OLD BREWERY is 196m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wethersfield, and where OLD BREWERY lies on this distribution: 91% of detached houses are smaller than OLD BREWERY, and 9% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

OLD BREWERY: Plot and Title Map

OLD BREWERY sits on a plot of roughly 0.532 of an acre, or 2,153m². The below map shows the location of OLD BREWERY, 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 OLD BREWERY). 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 OLD BREWERY?

OLD BREWERY is located on BRAINTREE ROAD in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of OLD BREWERY on BRAINTREE ROAD.