16, PETWORTH CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7XS - £505,000

16 PETWORTH CLOSE is a large extended detached house of 146m², built sometime between 1996 and 2002. It was last sold for £505,000 in September 2021, which was around 4% above the average September 2021 detached price in the Braintree local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

16 PETWORTH CLOSE Sold Prices

Land registry data shows four sales for 16 PETWORTH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. The four 16 PETWORTH CLOSE sales were a mix of above the average price, and roughly equal to 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 27 SEP	£505,000	£487,723	4% above HPI
2002 12 DEC	£237,000	£236,934	Close to HPI
1998 11 DEC	£140,000	£114,920	22% above HPI
1997 11 JUL	£139,950	£101,209	38% above HPI

16 PETWORTH 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 four 16 PETWORTH CLOSE sales between July 1997 and September 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 December 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 16 PETWORTH CLOSE?

16 PETWORTH CLOSE is 146m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 16 PETWORTH CLOSE lies on this distribution: 65% of detached houses are smaller than 16 PETWORTH CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

16 PETWORTH CLOSE: Plot and Title Map

16 PETWORTH CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 16 PETWORTH 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 PETWORTH 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 PETWORTH CLOSE?

16 PETWORTH CLOSE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 16 on PETWORTH CLOSE.