21, TIMBERS CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7GZ - £265,000

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 TIMBERS CLOSE is a very small terraced house of 64m², built sometime between 1996 and 2002, which could now be worth an estimated £323,530. It was last sold for £265,000 in April 2017, which was around 21% above the average April 2017 terraced price in the Braintree local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

21 TIMBERS CLOSE Sold Prices

Land registry data shows four sales for 21 TIMBERS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the four 21 TIMBERS CLOSE 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
2017 28 APR	£265,000	£218,113	21% above HPI
2011 6 JUL	£167,000	£153,458	9% above HPI
2007 10 AUG	£173,500	£166,538	4% above HPI
1998 18 SEP	£71,995	£52,412	37% above HPI

21 TIMBERS CLOSE 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 four 21 TIMBERS CLOSE sales between September 1998 and April 2017 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 2011 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2017 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 21 TIMBERS CLOSE be worth now?

21 TIMBERS CLOSE might now be worth an estimated £323,530.

This is based on house price inflation of 22.1%, between April 2017 and June 2025, 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 22.1% inflationary increase is applied to the most recent sale price for 21 TIMBERS CLOSE of £265,000 on 28th April 2017. For the value to have increased from £265,000 to £323,530 over the seven years and ten months to June 2025, the following assumptions must hold true:

• The value of 21 TIMBERS CLOSE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The April 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 21 TIMBERS CLOSE has not materially changed since April 2017.

How Large is 21 TIMBERS CLOSE?

21 TIMBERS CLOSE is 64m² according to the EPC inspection conducted in February 2009. 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 TIMBERS CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 21 TIMBERS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

21 TIMBERS CLOSE: Plot and Title Map

21 TIMBERS CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 21 TIMBERS 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 21 TIMBERS 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 21 TIMBERS CLOSE?

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