10, GUINEA CLOSE, BRAINTREE, CM7 9DP - £350,000

10 GUINEA CLOSE is a very small detached house of 74m², built sometime between 2003 and 2006. It was last sold for £350,000 in May 2022, which was around 33% 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 C, and the potential energy rating was B.

10 GUINEA CLOSE Sold Prices

Land registry data shows two sales for 10 GUINEA CLOSE 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 10 GUINEA 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
2022 25 MAY	£350,000	£523,812	33% below HPI
1997 19 JUN	£97,000	£98,981	2% below HPI

10 GUINEA CLOSE 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 10 GUINEA CLOSE sales from June 1997 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 June 1997 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 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 10 GUINEA CLOSE?

10 GUINEA CLOSE is 74m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 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 10 GUINEA CLOSE lies on this distribution: 10% of detached houses are smaller than 10 GUINEA CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Braintree.

10 GUINEA CLOSE: Plot and Title Map

10 GUINEA CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 10 GUINEA 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 10 GUINEA 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 10 GUINEA CLOSE?

10 GUINEA CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 10 on GUINEA CLOSE.