16, RUSTIC CLOSE, BRAINTREE, CM7 3RX - £240,000

16 RUSTIC CLOSE is a midsized extended detached house of 112m², built sometime between 2003 and 2006. It was last sold for £240,000 in December 2004, which was around 15% below the average December 2004 detached price in the Braintree local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

16 RUSTIC CLOSE Sold Prices

Land registry data shows two sales for 16 RUSTIC CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 16 RUSTIC 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
2004 17 DEC	£240,000	£282,641	15% below HPI
2003 16 MAY	£219,950	£247,623	11% below HPI

16 RUSTIC 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 two 16 RUSTIC CLOSE sales from May 2003 and December 2004 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 May 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2004 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 RUSTIC CLOSE?

16 RUSTIC CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 50% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 16 RUSTIC CLOSE lies on this distribution: 51% of detached houses are smaller than 16 RUSTIC CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Braintree.

16 RUSTIC CLOSE: Plot and Title Map

16 RUSTIC CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 16 RUSTIC 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 RUSTIC 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 RUSTIC CLOSE?

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