15, RUSTIC CLOSE, BRAINTREE, CM7 3RX - £401,000

15 RUSTIC CLOSE is a very large extended semi-detached house of 160m², built sometime between 2003 and 2006. It was last sold for £401,000 in June 2016, which was around 5% below the average June 2016 detached price in the Braintree local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

15 RUSTIC CLOSE Sold Prices

Land registry data shows three sales for 15 RUSTIC 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. Two of the three 15 RUSTIC CLOSE sales were for below the average price, whilst one was 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
2016 15 JUN	£401,000	£422,386	5% below HPI
2013 26 APR	£249,000	£299,125	17% below HPI
2003 30 JUN	£267,950	£247,223	8% above HPI

15 RUSTIC 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 15 RUSTIC CLOSE sales between June 2003 and June 2016 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 April 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 15 RUSTIC CLOSE?

15 RUSTIC CLOSE is 160m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 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 15 RUSTIC CLOSE lies on this distribution: 88% of detached houses are smaller than 15 RUSTIC CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Braintree.

15 RUSTIC CLOSE: Plot and Title Map

15 RUSTIC CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 15 RUSTIC 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 15 RUSTIC 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 15 RUSTIC CLOSE?

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