THE NEW HOUSE, CROWN STREET, GREAT BARDFIELD, BRAINTREE, CM7 4SS - £688,000

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 NEW HOUSE is a large detached house of 173m², built sometime between 1976 and 1982. It was last sold for £688,000 in June 2021, which was around 44% above the average June 2021 detached price in the Braintree local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

THE NEW HOUSE Sold Prices

Land registry data shows three sales for THE NEW 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 THE NEW 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
2021 24 JUN	£688,000	£479,342	44% above HPI
2010 29 JUL	£420,000	£313,999	34% above HPI
2001 24 AUG	£230,000	£174,737	32% above HPI

THE NEW 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 THE NEW HOUSE sales between August 2001 and June 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 July 2010 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2021 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is THE NEW HOUSE?

THE NEW HOUSE is 173m² according to the EPC inspection conducted in April 2010. This puts it in the largest 30% 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 THE NEW HOUSE lies on this distribution: 73% of detached houses are smaller than THE NEW HOUSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Great Bardfield.

THE NEW HOUSE: Plot and Title Map

THE NEW HOUSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of THE NEW 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 NEW 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 NEW HOUSE?

THE NEW HOUSE is located on CROWN STREET in GREAT BARDFIELD, in the CM7 postcode district. The below map shows the position of THE NEW HOUSE on CROWN STREET.