14, THE LEY, BRAINTREE, CM7 3NS - £425,000

14 THE LEY is a large extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £425,000 in February 2023, which was around 22% below the average February 2023 detached price in the Braintree local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

14 THE LEY Sold Prices

Land registry data shows three sales for 14 THE LEY 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 14 THE LEY 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
2023 7 FEB	£425,000	£541,526	22% below HPI
2013 25 JUL	£240,000	£312,732	23% below HPI
1997 19 DEC	£82,500	£107,052	23% below HPI

14 THE LEY 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 14 THE LEY sales between December 1997 and February 2023 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 July 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 14 THE LEY?

14 THE LEY is 128m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 14 THE LEY lies on this distribution: 70% of detached houses are smaller than 14 THE LEY, and 29% of houses are larger. Note that EPC data is not available for all properties in Braintree.

14 THE LEY: Plot and Title Map

14 THE LEY sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 14 THE LEY, 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 14 THE LEY). 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 14 THE LEY?

14 THE LEY is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 14 on THE LEY.