15, CLAY PITS, BRAINTREE, CM7 3LA - £235,000

15 CLAY PITS is a small detached house of 99m², built sometime between 1991 and 1995. It was last sold for £235,000 in October 2004, which was around 17% below the average October 2004 detached price in the Braintree local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

15 CLAY PITS Sold Prices

Land registry data shows three sales for 15 CLAY PITS 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 15 CLAY PITS 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
2004 15 OCT	£235,000	£281,676	17% below HPI
2003 20 MAR	£225,000	£246,095	9% below HPI
2001 2 NOV	£172,950	£179,382	4% below HPI

15 CLAY PITS 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 15 CLAY PITS sales between November 2001 and October 2004 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 March 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2004 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 15 CLAY PITS?

15 CLAY PITS is 99m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 15 CLAY PITS lies on this distribution: 36% of detached houses are smaller than 15 CLAY PITS, and 63% of houses are larger. Note that EPC data is not available for all properties in Braintree.

15 CLAY PITS: Plot and Title Map

15 CLAY PITS sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 15 CLAY PITS, 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 15 CLAY PITS). 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 15 CLAY PITS?

15 CLAY PITS is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 15 on CLAY PITS.