27, RUSTIC CLOSE, BRAINTREE, CM7 3RX - £340,000

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.

27 RUSTIC CLOSE is a midsized semi-detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £343,622. It was last sold for £340,000 in April 2022, which was around 5% above the average April 2022 semi-detached price in the Braintree local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

27 RUSTIC CLOSE Sold Prices

Land registry data shows three sales for 27 RUSTIC 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 27 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
2022 27 APR	£340,000	£323,916	5% above HPI
2009 16 DEC	£195,000	£179,470	9% above HPI
2003 18 AUG	£180,000	£150,938	19% above HPI

27 RUSTIC 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 27 RUSTIC CLOSE sales between August 2003 and April 2022 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 December 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 27 RUSTIC CLOSE be worth now?

27 RUSTIC CLOSE might now be worth an estimated £343,622.

This is based on house price inflation of 1.1%, between April 2022 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 1.1% inflationary increase is applied to the most recent sale price for 27 RUSTIC CLOSE of £340,000 on 27th April 2022. For the value to have increased from £340,000 to £343,622 over the four years to April 2026, the following assumptions must hold true:

• The value of 27 RUSTIC CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The April 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 27 RUSTIC CLOSE has not materially changed since April 2022.

How Large is 27 RUSTIC CLOSE?

27 RUSTIC CLOSE is 115m² according to the EPC inspection conducted in September 2020. This puts it in the largest 50% 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 27 RUSTIC CLOSE lies on this distribution: 55% of semi-detached houses houses are smaller than 27 RUSTIC CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Braintree.

27 RUSTIC CLOSE: Plot and Title Map

27 RUSTIC CLOSE sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 27 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 27 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 27 RUSTIC CLOSE?

27 RUSTIC CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 27 on RUSTIC CLOSE.