15, THAMES CLOSE, BRAINTREE, CM7 3XL - £225,000

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 THAMES CLOSE is a very small semi-detached house of 31m², built sometime between 1983 and 1990, which could now be worth an estimated £240,675. It was last sold for £225,000 in December 2021, which was around 28% below the average December 2021 semi-detached price in the Braintree local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was A.

15 THAMES CLOSE Sold Prices

Land registry data shows three sales for 15 THAMES 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 THAMES 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
2021 10 DEC	£225,000	£311,197	28% below HPI
2010 11 JUN	£124,995	£187,593	33% below HPI
2007 1 MAY	£132,000	£194,426	32% below HPI

15 THAMES 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 THAMES CLOSE sales between May 2007 and December 2021 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 June 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 15 THAMES CLOSE be worth now?

15 THAMES CLOSE might now be worth an estimated £240,675.

This is based on house price inflation of 7%, between December 2021 and May 2026, 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 7% inflationary increase is applied to the most recent sale price for 15 THAMES CLOSE of £225,000 on 10th December 2021. For the value to have increased from £225,000 to £240,675 over the five years and seven months to May 2026, the following assumptions must hold true:

• The value of 15 THAMES CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The December 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THAMES CLOSE has not materially changed since December 2021.

How Large is 15 THAMES CLOSE?

15 THAMES CLOSE is 31m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of semi-detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Braintree, and where 15 THAMES CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 15 THAMES CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Braintree.

15 THAMES CLOSE: Plot and Title Map

15 THAMES CLOSE sits on a plot of roughly 2.7 acres, or 11,066m². The below map shows the location of 15 THAMES 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 THAMES 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 THAMES CLOSE?

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