24, RUSTIC CLOSE, BRAINTREE, CM7 3RX - £350,000

24 RUSTIC CLOSE is a large extended detached house of 139m², built sometime between 1996 and 2002. It was last sold for £350,000 in November 2016, which was around 19% below the average November 2016 detached price in the Braintree local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

24 RUSTIC CLOSE Sold Prices

Land registry data shows three sales for 24 RUSTIC CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 24 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
2016 11 NOV	£350,000	£432,599	19% below HPI
2006 11 NOV	£264,995	£296,069	10% below HPI
2003 24 JUN	£219,950	£247,223	11% below HPI

24 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 three 24 RUSTIC CLOSE sales between June 2003 and November 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 November 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 24 RUSTIC CLOSE?

24 RUSTIC CLOSE is 139m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 24 RUSTIC CLOSE lies on this distribution: 79% of detached houses are smaller than 24 RUSTIC CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Braintree.

24 RUSTIC CLOSE: Plot and Title Map

24 RUSTIC CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 24 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 24 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 24 RUSTIC CLOSE?

24 RUSTIC CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 24 on RUSTIC CLOSE.