2, COHEN CLOSE, BLACK NOTLEY, BRAINTREE, CM77 8FJ - £355,000

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.

2 COHEN CLOSE is a very small detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £401,295. It was last sold for £355,000 in August 2018, which was around 28% below the average August 2018 detached price in the Braintree local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

2 COHEN CLOSE Sold Prices

Land registry data shows four sales for 2 COHEN 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. All of the four 2 COHEN 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
2018 31 AUG	£355,000	£492,647	28% below HPI
2006 2 JUN	£245,000	£302,150	19% below HPI
2001 26 OCT	£148,000	£185,650	20% below HPI
2000 30 NOV	£139,995	£167,523	16% below HPI

2 COHEN 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 2 COHEN CLOSE sales between November 2000 and August 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 June 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 COHEN CLOSE be worth now?

2 COHEN CLOSE might now be worth an estimated £401,295.

This is based on house price inflation of 13%, between August 2018 and May 2026, 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 13% inflationary increase is applied to the most recent sale price for 2 COHEN CLOSE of £355,000 on 31st August 2018. For the value to have increased from £355,000 to £401,295 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 2 COHEN CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The August 2018 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COHEN CLOSE has not materially changed since August 2018.

How Large is 2 COHEN CLOSE?

2 COHEN CLOSE is 95m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses houses in Black Notley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Black Notley, and where 2 COHEN CLOSE lies on this distribution: 13% of detached houses houses are smaller than 2 COHEN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Black Notley.

2 COHEN CLOSE: Plot and Title Map

2 COHEN CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 2 COHEN 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 2 COHEN 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 2 COHEN CLOSE?

2 COHEN CLOSE is located in BLACK NOTLEY, in the CM77 postcode district. The below map shows the position of No. 2 on COHEN CLOSE.