THE CLOCK HOUSE, CHAPEL HILL, BRAINTREE, CM7 3QZ - £510,000

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

THE CLOCK HOUSE is a large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £510,000 in May 2022, which was around 3% below the average May 2022 detached price in the Braintree local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

THE CLOCK HOUSE Sold Prices

Land registry data shows two sales for THE CLOCK 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 THE CLOCK HOUSE 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
2022 3 MAY	£510,000	£523,592	3% below HPI
2011 13 APR	£300,000	£305,432	2% below HPI

THE CLOCK 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 THE CLOCK HOUSE sales from April 2011 and May 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 April 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is THE CLOCK HOUSE?

THE CLOCK HOUSE is 140m², which includes four extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 20% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where THE CLOCK HOUSE lies on this distribution: 80% of detached houses are smaller than THE CLOCK HOUSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Braintree.

THE CLOCK HOUSE: Plot and Title Map

THE CLOCK HOUSE sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of THE CLOCK 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 THE CLOCK 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 THE CLOCK HOUSE?

THE CLOCK HOUSE is located on CHAPEL HILL in BRAINTREE, in the CM7 postcode district. The below map shows the position of THE CLOCK HOUSE on CHAPEL HILL.