SHERBROOK, CLOCKHOUSE WAY, BRAINTREE, CM7 3RD - £305,000

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

SHERBROOK is a very small detached house of 69m², built sometime between 1930 and 1949. It was last sold for £305,000 in April 2021, which was around 36% below the average April 2021 detached price in the Braintree local authority area. The most recent EPC inspection was June 2016, where the current energy rating was F, and the potential energy rating was B.

SHERBROOK Sold Prices

Land registry data shows two sales for SHERBROOK 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 SHERBROOK sales were for below 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	£305,000	£474,060	36% below HPI
2015 8 DEC	£225,000	£397,595	43% below HPI

SHERBROOK 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 SHERBROOK sales from December 2015 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 December 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the April 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is SHERBROOK?

SHERBROOK is 69m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where SHERBROOK lies on this distribution: 5% of detached houses are smaller than SHERBROOK, and 95% of houses are larger. Note that EPC data is not available for all properties in Braintree.

SHERBROOK: Plot and Title Map

SHERBROOK sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of SHERBROOK, 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 SHERBROOK). 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 SHERBROOK?

SHERBROOK is located on CLOCKHOUSE WAY in BRAINTREE, in the CM7 postcode district. The below map shows the position of SHERBROOK on CLOCKHOUSE WAY.