118, CRESSING ROAD, BRAINTREE, CM7 3PN - £273,000

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.

118 CRESSING ROAD is a small terraced house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £300,894. It was last sold for £273,000 in October 2020, which was around 14% above the average October 2020 terraced price in the Braintree local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

118 CRESSING ROAD Sold Prices

Land registry data shows three sales for 118 CRESSING ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the three 118 CRESSING ROAD 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
2020 29 OCT	£273,000	£238,749	14% above HPI
2014 14 NOV	£205,000	£180,648	13% above HPI
2001 6 DEC	£94,000	£82,248	14% above HPI

118 CRESSING ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The three 118 CRESSING ROAD sales between December 2001 and October 2020 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 November 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2020 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 118 CRESSING ROAD be worth now?

118 CRESSING ROAD might now be worth an estimated £300,894.

This is based on house price inflation of 10.2%, between October 2020 and April 2026, for terraced houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.2% inflationary increase is applied to the most recent sale price for 118 CRESSING ROAD of £273,000 on 29th October 2020. For the value to have increased from £273,000 to £300,894 over the six years and six months to April 2026, the following assumptions must hold true:

• The value of 118 CRESSING ROAD has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The October 2020 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 118 CRESSING ROAD has not materially changed since October 2020.

How Large is 118 CRESSING ROAD?

118 CRESSING ROAD is 95m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of terraced houses houses in Braintree, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Braintree, and where 118 CRESSING ROAD lies on this distribution: 31% of terraced houses houses are smaller than 118 CRESSING ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Braintree.

118 CRESSING ROAD: Plot and Title Map

118 CRESSING ROAD sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 118 CRESSING ROAD, 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 118 CRESSING ROAD). 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 118 CRESSING ROAD?

118 CRESSING ROAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 118 on CRESSING ROAD.