24, THAMES CLOSE, BRAINTREE, CM7 3XL - £207,000

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.

24 THAMES CLOSE is a very small semi-detached house of 46m², built sometime between 1976 and 1982, which could now be worth an estimated £220,188. It was last sold for £207,000 in October 2021, which was around 33% below the average October 2021 semi-detached price in the Braintree local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

24 THAMES CLOSE Sold Prices

Land registry data shows three sales for 24 THAMES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the three 24 THAMES 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
2021 15 OCT	£207,000	£307,759	33% below HPI
2005 19 JAN	£150,000	£176,702	15% below HPI
2003 11 APR	£113,000	£148,550	24% below HPI

24 THAMES CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The three 24 THAMES CLOSE sales between April 2003 and October 2021 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 January 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 24 THAMES CLOSE be worth now?

24 THAMES CLOSE might now be worth an estimated £220,188.

This is based on house price inflation of 6.4%, between October 2021 and April 2026, for semi-detached 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 6.4% inflationary increase is applied to the most recent sale price for 24 THAMES CLOSE of £207,000 on 15th October 2021. For the value to have increased from £207,000 to £220,188 over the five years and six months to April 2026, the following assumptions must hold true:

• The value of 24 THAMES CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The October 2021 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 24 THAMES CLOSE has not materially changed since October 2021.

How Large is 24 THAMES CLOSE?

24 THAMES CLOSE is 46m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of semi-detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Braintree, and where 24 THAMES CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 24 THAMES CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Braintree.

24 THAMES CLOSE: Plot and Title Map

24 THAMES CLOSE sits on a plot of roughly 2.7 acres, or 11,066m². The below map shows the location of 24 THAMES 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 THAMES 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 THAMES CLOSE?

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