21, ELDER FIELD, GREAT NOTLEY, BRAINTREE, CM77 7TZ - £175,000

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.

21 ELDER FIELD is a very small terraced house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £303,693. It was last sold for £175,000 in July 2011, which was around 14% above the average July 2011 terraced price in the Braintree local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

21 ELDER FIELD Sold Prices

Land registry data shows six sales for 21 ELDER FIELD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the six 21 ELDER FIELD sales 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
2011 11 JUL	£175,000	£153,458	14% above HPI
2005 15 SEP	£155,000	£145,438	7% above HPI
2001 21 NOV	£110,000	£79,884	38% above HPI
2001 28 SEP	£110,000	£78,441	40% above HPI
1997 4 AUG	£77,000	£46,741	65% above HPI
1995 15 FEB	£65,950	£44,870	47% above HPI

21 ELDER FIELD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The six 21 ELDER FIELD sales between February 1995 and July 2011 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 September 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2011 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 21 ELDER FIELD be worth now?

21 ELDER FIELD might now be worth an estimated £303,693.

This is based on house price inflation of 73.5%, between July 2011 and May 2026, for terraced 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 73.5% inflationary increase is applied to the most recent sale price for 21 ELDER FIELD of £175,000 on 11th July 2011. For the value to have increased from £175,000 to £303,693 over the fifteen years and two months to May 2026, the following assumptions must hold true:

• The value of 21 ELDER FIELD has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The July 2011 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 21 ELDER FIELD has not materially changed since July 2011.

How Large is 21 ELDER FIELD?

21 ELDER FIELD is 71m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of terraced houses houses in Great Notley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Great Notley, and where 21 ELDER FIELD lies on this distribution: 1% of terraced houses houses are smaller than 21 ELDER FIELD, and 98% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

21 ELDER FIELD: Plot and Title Map

21 ELDER FIELD sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 21 ELDER FIELD, 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 21 ELDER FIELD). 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 21 ELDER FIELD?

21 ELDER FIELD is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 21 on ELDER FIELD.