13, SAFFRON CLOSE, WETHERSFIELD, BRAINTREE, CM7 4EY - £175,000

13 SAFFRON CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £175,000 in May 2011, which was around 42% below the average May 2011 detached price in the Braintree local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

13 SAFFRON CLOSE Sold Prices

Land registry data shows three sales for 13 SAFFRON CLOSE 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 13 SAFFRON 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
2011 9 MAY	£175,000	£303,953	42% below HPI
2005 3 MAY	£175,000	£274,006	36% below HPI
2001 24 SEP	£90,000	£175,879	49% below HPI

13 SAFFRON 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 three 13 SAFFRON CLOSE sales between September 2001 and May 2011 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 May 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2011 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 13 SAFFRON CLOSE?

13 SAFFRON CLOSE is 67m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wethersfield, and where 13 SAFFRON CLOSE lies on this distribution: 12% of detached houses are smaller than 13 SAFFRON CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

13 SAFFRON CLOSE: Plot and Title Map

13 SAFFRON CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 13 SAFFRON 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 13 SAFFRON 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 13 SAFFRON CLOSE?

13 SAFFRON CLOSE is located in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of No. 13 on SAFFRON CLOSE.