2, CUMBERLAND CLOSE, BRAINTREE, CM7 9NQ - £435,000

2 CUMBERLAND CLOSE is a large extended detached house of 137m², built sometime between 1976 and 1982. It was last sold for £435,000 in February 2022, which was around 16% below the average February 2022 detached price in the Braintree local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

2 CUMBERLAND CLOSE Sold Prices

Land registry data shows two sales for 2 CUMBERLAND 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 2 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
2022 17 FEB	£435,000	£517,044	16% below HPI
1999 2 JUL	£96,000	£124,072	23% below HPI

2 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 two 2 CUMBERLAND CLOSE sales from July 1999 and February 2022 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 July 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 CUMBERLAND CLOSE?

2 CUMBERLAND CLOSE is 137m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 2 CUMBERLAND CLOSE lies on this distribution: 78% of detached houses are smaller than 2 CUMBERLAND CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Braintree.

2 CUMBERLAND CLOSE: Plot and Title Map

2 CUMBERLAND CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 2 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 2 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 2 CUMBERLAND CLOSE?

2 CUMBERLAND CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 2 on CUMBERLAND CLOSE.