22, RUSTIC CLOSE, BRAINTREE, CM7 3RX - £270,000

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.

22 RUSTIC CLOSE is a midsized terraced house of 110m², built sometime between 2003 and 2006, which could now be worth an estimated £361,071. It was last sold for £270,000 in February 2016, which was around 37% above the average February 2016 terraced price in the Braintree local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

22 RUSTIC CLOSE Sold Prices

Land registry data shows three sales for 22 RUSTIC CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the three 22 RUSTIC 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
2016 26 FEB	£270,000	£196,772	37% above HPI
2005 2 MAR	£190,350	£140,723	35% above HPI
2003 5 JUN	£179,950	£114,652	57% above HPI

22 RUSTIC 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 three 22 RUSTIC CLOSE sales between June 2003 and February 2016 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 March 2005 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2016 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 22 RUSTIC CLOSE be worth now?

22 RUSTIC CLOSE might now be worth an estimated £361,071.

This is based on house price inflation of 33.7%, between February 2016 and April 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 33.7% inflationary increase is applied to the most recent sale price for 22 RUSTIC CLOSE of £270,000 on 26th February 2016. For the value to have increased from £270,000 to £361,071 over the nine years and ten months to April 2026, the following assumptions must hold true:

• The value of 22 RUSTIC CLOSE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The February 2016 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 22 RUSTIC CLOSE has not materially changed since February 2016.

How Large is 22 RUSTIC CLOSE?

22 RUSTIC CLOSE is 110m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of terraced houses houses in Braintree, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Braintree, and where 22 RUSTIC CLOSE lies on this distribution: 47% of terraced houses houses are smaller than 22 RUSTIC CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Braintree.

22 RUSTIC CLOSE: Plot and Title Map

22 RUSTIC CLOSE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 22 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 22 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 22 RUSTIC CLOSE?

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