241, LONDON ROAD, BLACK NOTLEY, BRAINTREE, CM77 8QQ - £385,000

241 LONDON ROAD is a very small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £385,000 in May 2017, which was around 14% below the average May 2017 detached price in the Braintree local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

241 LONDON ROAD Sold Prices

Land registry data shows four sales for 241 LONDON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the four 241 LONDON ROAD 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
2017 25 MAY	£385,000	£449,986	14% below HPI
2013 5 JUL	£280,000	£312,732	10% below HPI
2003 11 DEC	£237,500	£254,923	7% below HPI
1997 21 MAY	£99,500	£97,433	2% above HPI

241 LONDON ROAD 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 four 241 LONDON ROAD sales between May 1997 and May 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 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 241 LONDON ROAD?

241 LONDON ROAD is 94m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 241 LONDON ROAD lies on this distribution: 16% of detached houses are smaller than 241 LONDON ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

241 LONDON ROAD: Plot and Title Map

241 LONDON ROAD sits on a plot of roughly 0.205 of an acre, or 830m². The below map shows the location of 241 LONDON ROAD, 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 241 LONDON ROAD). 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 241 LONDON ROAD?

241 LONDON ROAD is located in BLACK NOTLEY, in the CM77 postcode district. The below map shows the position of No. 241 on LONDON ROAD.