316, CRESSING ROAD, BRAINTREE, CM7 3PG - £244,000

316 CRESSING ROAD is a very small detached house of 77m², built sometime between 1930 and 1949. It was last sold for £244,000 in August 2014, which was around 31% below the average August 2014 detached price in the Braintree local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was B.

316 CRESSING ROAD Sold Prices

Land registry data shows two sales for 316 CRESSING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 316 CRESSING 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
2014 1 AUG	£244,000	£354,310	31% below HPI
2013 27 SEP	£207,500	£321,465	35% below HPI

316 CRESSING 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 two 316 CRESSING ROAD sales from September 2013 and August 2014 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 September 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2014 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 316 CRESSING ROAD?

316 CRESSING ROAD is 77m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 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 316 CRESSING ROAD lies on this distribution: 12% of detached houses are smaller than 316 CRESSING ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Braintree.

316 CRESSING ROAD: Plot and Title Map

316 CRESSING ROAD sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of 316 CRESSING 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 316 CRESSING 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 316 CRESSING ROAD?

316 CRESSING ROAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 316 on CRESSING ROAD.