242, PANFIELD LANE, BRAINTREE, CM7 5RH - £461,500

242 PANFIELD LANE is a very large extended detached house of 154m², built sometime between 1976 and 1982. It was last sold for £461,500 in August 2020, which was around 2% below the average August 2020 detached price in the Braintree local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

242 PANFIELD LANE Sold Prices

Land registry data shows three sales for 242 PANFIELD LANE 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. Two of the three 242 PANFIELD LANE sales were for below the average price, whilst one was 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
2020 7 AUG	£461,500	£473,328	2% below HPI
2004 9 JUL	£309,995	£274,017	13% above HPI
2000 11 FEB	£110,000	£135,115	19% below HPI

242 PANFIELD 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 three 242 PANFIELD LANE sales between February 2000 and August 2020 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 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 242 PANFIELD LANE?

242 PANFIELD LANE is 154m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 242 PANFIELD LANE lies on this distribution: 86% of detached houses are smaller than 242 PANFIELD LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Braintree.

242 PANFIELD LANE: Plot and Title Map

242 PANFIELD LANE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 242 PANFIELD 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 242 PANFIELD 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 242 PANFIELD LANE?

242 PANFIELD LANE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 242 on PANFIELD LANE.