2, HIGHFIELD CLOSE, BRAINTREE, CM7 9SB - £295,000

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 HIGHFIELD CLOSE is a very small semi-detached house of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £289,120. It was last sold for £295,000 in November 2022, which was around 14% below the average November 2022 semi-detached price in the Braintree local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

2 HIGHFIELD CLOSE Sold Prices

Land registry data shows four sales for 2 HIGHFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. two of the four 2 HIGHFIELD CLOSE sales were for below the average price, and four were for above 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 23 NOV	£295,000	£343,335	14% below HPI
2020 24 JAN	£259,000	£282,634	8% below HPI
2011 6 JUN	£202,000	£186,915	8% above HPI
2003 25 JUN	£167,500	£147,877	13% above HPI

2 HIGHFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The four 2 HIGHFIELD CLOSE sales between June 2003 and November 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 January 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 HIGHFIELD CLOSE be worth now?

2 HIGHFIELD CLOSE might now be worth an estimated £289,120.

This is based on house price deflation of 2%, between November 2022 and February 2025, for semi-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 2% deflationary decrease is applied to the most recent sale price for 2 HIGHFIELD CLOSE of £295,000 on 23rd November 2022. For the value to have decreased from £295,000 to £289,120 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 HIGHFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The November 2022 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HIGHFIELD CLOSE has not materially changed since November 2022.

How Large is 2 HIGHFIELD CLOSE?

2 HIGHFIELD CLOSE is 63m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of semi-detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Braintree, and where 2 HIGHFIELD CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 2 HIGHFIELD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Braintree.

2 HIGHFIELD CLOSE: Plot and Title Map

2 HIGHFIELD CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 2 HIGHFIELD 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 HIGHFIELD 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 HIGHFIELD CLOSE?

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