1, TWELVE ACRES, BRAINTREE, CM7 3RY - £261,000

1 TWELVE ACRES is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £261,000 in October 2018, which was around 45% below the average October 2018 detached price in the Braintree local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

1 TWELVE ACRES Sold Prices

Land registry data shows three sales for 1 TWELVE ACRES 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 1 TWELVE ACRES 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
2018 26 OCT	£261,000	£475,923	45% below HPI
2007 29 JUN	£202,500	£310,552	35% below HPI
2001 24 JAN	£109,750	£159,433	31% below HPI

1 TWELVE ACRES 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 1 TWELVE ACRES sales between January 2001 and October 2018 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 June 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 1 TWELVE ACRES?

1 TWELVE ACRES is 71m² according to the EPC inspection conducted in February 2018. 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 1 TWELVE ACRES lies on this distribution: 7% of detached houses are smaller than 1 TWELVE ACRES, and 92% of houses are larger. Note that EPC data is not available for all properties in Braintree.

1 TWELVE ACRES: Plot and Title Map

1 TWELVE ACRES sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 1 TWELVE ACRES, 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 TWELVE ACRES). 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 TWELVE ACRES?

1 TWELVE ACRES is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 1 on TWELVE ACRES.