PLACE HOUSE, DUNMOW ROAD, GREAT BARDFIELD, BRAINTREE, CM7 4SD - £1,500,000

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

PLACE HOUSE is a very large extended detached house of 358m², built sometime before 1900. It was last sold for £1,500,000 in February 2022, which was around 190% above the average February 2022 detached price in the Braintree local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was E.

PLACE HOUSE Sold Prices

Land registry data shows three sales for PLACE HOUSE 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 PLACE HOUSE 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
2022 18 FEB	£1,500,000	£516,817	190% above HPI
2015 24 NOV	£1,300,000	£397,403	227% above HPI
2012 6 JUL	£899,500	£313,210	187% above HPI

PLACE HOUSE 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 PLACE HOUSE sales between July 2012 and February 2022 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 2015 sale was for 227% above the HPI. So the extrapolation line tracks at 227% above the HPI over time, until the February 2022 sale, where it falls to 190% above the HPI. The line then continues to track at 190% above the HPI.

How Large is PLACE HOUSE?

PLACE HOUSE is 358m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses in Great Bardfield, based on EPC data. The below chart shows the distribution of detached houses by size in Great Bardfield, and where PLACE HOUSE lies on this distribution: 99% of detached houses are smaller than PLACE HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Great Bardfield.

PLACE HOUSE: Plot and Title Map

PLACE HOUSE sits on a plot of roughly 1.7 acres, or 7,066m². The below map shows the location of PLACE HOUSE, 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 PLACE HOUSE). 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 PLACE HOUSE?

PLACE HOUSE is located on DUNMOW ROAD in GREAT BARDFIELD, in the CM7 postcode district. The below map shows the position of PLACE HOUSE on DUNMOW ROAD.