16, CUMBERLAND CLOSE, BRAINTREE, CM7 9NQ - £227,500

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.

16 CUMBERLAND CLOSE is a small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £346,435. It was last sold for £227,500 in September 2014, which was around 40% below the average September 2014 detached price in the Braintree local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

16 CUMBERLAND CLOSE Sold Prices

Land registry data shows three sales for 16 CUMBERLAND 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. All of the three 16 CUMBERLAND 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
2014 1 SEP	£227,500	£379,255	40% below HPI
2011 11 NOV	£177,500	£321,452	45% below HPI
1998 7 JUL	£68,000	£119,354	43% below HPI

16 CUMBERLAND 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 16 CUMBERLAND CLOSE sales between July 1998 and September 2014 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 November 2011 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2014 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 16 CUMBERLAND CLOSE be worth now?

16 CUMBERLAND CLOSE might now be worth an estimated £346,435.

This is based on house price inflation of 52.3%, between September 2014 and February 2025, for 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 52.3% inflationary increase is applied to the most recent sale price for 16 CUMBERLAND CLOSE of £227,500 on 1st September 2014. For the value to have increased from £227,500 to £346,435 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 CUMBERLAND CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The September 2014 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 16 CUMBERLAND CLOSE has not materially changed since September 2014.

How Large is 16 CUMBERLAND CLOSE?

16 CUMBERLAND CLOSE is 86m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 16 CUMBERLAND CLOSE lies on this distribution: 21% of detached houses houses are smaller than 16 CUMBERLAND CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Braintree.

16 CUMBERLAND CLOSE: Plot and Title Map

16 CUMBERLAND CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 16 CUMBERLAND 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 16 CUMBERLAND 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 16 CUMBERLAND CLOSE?

16 CUMBERLAND CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 16 on CUMBERLAND CLOSE.