15, THE PADDOCKS, BURES, CO8 5DF - £270,000

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 THE PADDOCKS is a very small semi-detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £316,508. It was last sold for £270,000 in May 2018, which was around 5% below the average May 2018 semi-detached price in the Braintree local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

15 THE PADDOCKS Sold Prices

Land registry data shows two sales for 15 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Both of the two 15 THE PADDOCKS 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
2018 31 MAY	£270,000	£284,342	5% below HPI
2017 17 MAR	£257,000	£272,649	6% below HPI

15 THE PADDOCKS 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 two 15 THE PADDOCKS sales from March 2017 and May 2018 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 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 15 THE PADDOCKS be worth now?

15 THE PADDOCKS might now be worth an estimated £316,508.

This is based on house price inflation of 17.2%, between May 2018 and June 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 17.2% inflationary increase is applied to the most recent sale price for 15 THE PADDOCKS of £270,000 on 31st May 2018. For the value to have increased from £270,000 to £316,508 over the six years and eleven months to June 2025, the following assumptions must hold true:

• The value of 15 THE PADDOCKS has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The May 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE PADDOCKS has not materially changed since May 2018.

How Large is 15 THE PADDOCKS?

15 THE PADDOCKS is 86m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of semi-detached houses houses in Bures, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bures, and where 15 THE PADDOCKS lies on this distribution: 16% of semi-detached houses houses are smaller than 15 THE PADDOCKS, and 83% of houses are larger. Note that EPC data is not available for all properties in Bures.

15 THE PADDOCKS: Plot and Title Map

15 THE PADDOCKS sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 15 THE PADDOCKS, 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 THE PADDOCKS). 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 THE PADDOCKS?

15 THE PADDOCKS is located in BURES, in the CO8 postcode district. The below map shows the position of No. 15 on THE PADDOCKS.