15, SAFFRON CLOSE, WETHERSFIELD, BRAINTREE, CM7 4EY - £307,500

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.

15 SAFFRON CLOSE is a midsized extended semi-detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £319,210. It was last sold for £307,500 in March 2024, which was around 4% below the average March 2024 semi-detached price in the Braintree local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was B.

15 SAFFRON CLOSE Sold Prices

Land registry data shows three sales for 15 SAFFRON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the three 15 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
2024 27 MAR	£307,500	£320,773	4% below HPI
2019 28 OCT	£270,000	£284,300	5% below HPI
2012 29 OCT	£150,000	£189,615	21% below HPI

15 SAFFRON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The three 15 SAFFRON CLOSE sales between October 2012 and March 2024 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 October 2019 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2024 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15 SAFFRON CLOSE be worth now?

15 SAFFRON CLOSE might now be worth an estimated £319,210.

This is based on house price inflation of 3.8%, between March 2024 and March 2025, for semi-detached 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 3.8% inflationary increase is applied to the most recent sale price for 15 SAFFRON CLOSE of £307,500 on 27th March 2024. For the value to have increased from £307,500 to £319,210 over the one year to March 2025, the following assumptions must hold true:

• The value of 15 SAFFRON CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The March 2024 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 15 SAFFRON CLOSE has not materially changed since March 2024.

How Large is 15 SAFFRON CLOSE?

15 SAFFRON CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% of semi-detached houses houses in Wethersfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wethersfield, and where 15 SAFFRON CLOSE lies on this distribution: 44% of semi-detached houses houses are smaller than 15 SAFFRON CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

15 SAFFRON CLOSE: Plot and Title Map

15 SAFFRON CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 15 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 15 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 15 SAFFRON CLOSE?

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