22, CHALLIS LANE, BRAINTREE, CM7 1AN - £350,000

22 CHALLIS LANE is a midsized detached house of 115m², built in 2020. It was last sold for £350,000 in June 2019, which was around 25% below the average June 2019 detached price in the Braintree local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

22 CHALLIS LANE Sold Prices

Land registry data shows two sales for 22 CHALLIS LANE 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 22 CHALLIS LANE 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 28 JUN	£350,000	£465,300	25% below HPI
1999 30 SEP	£93,000	£129,275	28% below HPI

22 CHALLIS LANE 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 22 CHALLIS LANE sales from September 1999 and June 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 September 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 22 CHALLIS LANE?

22 CHALLIS LANE is 115m² according to the EPC inspection conducted in January 2023. This puts it in the largest 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 22 CHALLIS LANE lies on this distribution: 56% of detached houses are smaller than 22 CHALLIS LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Braintree.

22 CHALLIS LANE: Plot and Title Map

22 CHALLIS LANE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 22 CHALLIS LANE, 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 22 CHALLIS LANE). 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 22 CHALLIS LANE?

22 CHALLIS LANE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 22 on CHALLIS LANE.