1, MERRIAM CLOSE, BRANTHAM, MANNINGTREE, CO11 1RY - £172,000

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.

1 MERRIAM CLOSE is a very small semi-detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £223,826. It was last sold for £172,000 in January 2016, which was around 27% below the average January 2016 semi-detached price in the Babergh local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

1 MERRIAM CLOSE Sold Prices

Land registry data shows two sales for 1 MERRIAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Babergh local authority area for the corresponding sale date. Both of the two 1 MERRIAM CLOSE 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
2016 22 JAN	£172,000	£235,451	27% below HPI
2000 29 FEB	£50,000	£73,884	32% below HPI

1 MERRIAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Babergh local authority area over time, sourced from the HPI. The two 1 MERRIAM CLOSE sales from February 2000 and January 2016 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 February 2000 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2016 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 MERRIAM CLOSE be worth now?

1 MERRIAM CLOSE might now be worth an estimated £223,826.

This is based on house price inflation of 30.1%, between January 2016 and May 2026, for semi-detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.1% inflationary increase is applied to the most recent sale price for 1 MERRIAM CLOSE of £172,000 on 22nd January 2016. For the value to have increased from £172,000 to £223,826 over the nine years and eight months to May 2026, the following assumptions must hold true:

• The value of 1 MERRIAM CLOSE has moved in line with the HPI for semi-detached houses in the Babergh local authority area.
• The January 2016 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MERRIAM CLOSE has not materially changed since January 2016.

How Large is 1 MERRIAM CLOSE?

1 MERRIAM CLOSE is 55m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of semi-detached houses houses in Brantham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Brantham, and where 1 MERRIAM CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 1 MERRIAM CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Brantham.

1 MERRIAM CLOSE: Plot and Title Map

1 MERRIAM CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 1 MERRIAM CLOSE, 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 1 MERRIAM CLOSE). 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 1 MERRIAM CLOSE?

1 MERRIAM CLOSE is located in BRANTHAM, in the CO11 postcode district. The below map shows the position of No. 1 on MERRIAM CLOSE.