PROSPECT HOUSE, BRENT HALL ROAD, FINCHINGFIELD, BRAINTREE, CM7 4JZ - £1,834,375

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.

PROSPECT HOUSE is a very large extended detached house of 292m², built sometime before 1900, which could now be worth an estimated £1,875,265. It was last sold for £1,834,375 in November 2023, which was around 225% above the average November 2023 detached price in the Braintree local authority area. The most recent EPC inspection was March 2009, where the current energy rating was F, and the potential energy rating was E.

PROSPECT HOUSE Sold Prices

Land registry data shows two sales for PROSPECT HOUSE 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 PROSPECT 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
2023 3 NOV	£1,834,375	£564,933	225% above HPI
2009 2 OCT	£1,000,000	£300,028	233% above HPI

PROSPECT 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 two PROSPECT HOUSE sales from October 2009 and November 2023 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 2009 sale was for 233% above the HPI. So the extrapolation line tracks at 233% above the HPI over time, until the November 2023 sale, where it falls to 225% above the HPI. The line then continues to track at 225% above the HPI.

What might PROSPECT HOUSE be worth now?

PROSPECT HOUSE might now be worth an estimated £1,875,265.

This is based on house price inflation of 2.2%, between November 2023 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 2.2% inflationary increase is applied to the most recent sale price for PROSPECT HOUSE of £1,834,375 on 3rd November 2023. For the value to have increased from £1,834,375 to £1,875,265 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of PROSPECT HOUSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2023 sale price of £1,834,375 represented a fair market value for the property.
• The size, condition, and specification of PROSPECT HOUSE has not materially changed since November 2023.

How Large is PROSPECT HOUSE?

PROSPECT HOUSE is 292m², which includes one extension, according to the EPC inspection conducted in March 2009. 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 PROSPECT HOUSE lies on this distribution: 96% of detached houses houses are smaller than PROSPECT HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Finchingfield.

PROSPECT HOUSE: Plot and Title Map

PROSPECT HOUSE sits on a plot of roughly 0.897 of an acre, or 3,629m². The below map shows the location of PROSPECT 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 PROSPECT 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 PROSPECT HOUSE?

PROSPECT HOUSE is located on BRENT HALL ROAD in FINCHINGFIELD, in the CM7 postcode district. The below map shows the position of PROSPECT HOUSE on BRENT HALL ROAD.