2, RUSTIC CLOSE, BRAINTREE, CM7 3RX - £352,000

2 RUSTIC CLOSE is a midsized detached house of 103m², built sometime between 2003 and 2006. It was last sold for £352,000 in July 2019, which was around 25% below the average July 2019 detached price in the Braintree local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was A.

2 RUSTIC CLOSE Sold Prices

Land registry data shows two sales for 2 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 2 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
2019 5 JUL	£352,000	£466,725	25% below HPI
2002 13 DEC	£192,500	£236,934	19% below HPI

2 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 2 RUSTIC CLOSE sales from December 2002 and July 2019 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 was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 RUSTIC CLOSE?

2 RUSTIC CLOSE is 103m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 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 2 RUSTIC CLOSE lies on this distribution: 40% of detached houses are smaller than 2 RUSTIC CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Braintree.

2 RUSTIC CLOSE: Plot and Title Map

2 RUSTIC CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 2 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 2 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 2 RUSTIC CLOSE?

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