4, TEAL CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7YB - £325,000

4 TEAL CLOSE is a very small semi-detached house of 71m², built sometime between 1991 and 1995. It was last sold for £325,000 in June 2020, which was around 32% below the average June 2020 detached price in the Braintree local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

4 TEAL CLOSE Sold Prices

Land registry data shows four sales for 4 TEAL CLOSE 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. All of the four 4 TEAL 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
2020 22 JUN	£325,000	£475,764	32% below HPI
2015 4 JUN	£245,000	£373,590	34% below HPI
2007 20 DEC	£226,000	£325,818	31% below HPI
1999 1 APR	£85,250	£117,608	28% below HPI

4 TEAL CLOSE 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 4 TEAL CLOSE sales between April 1999 and June 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 June 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 4 TEAL CLOSE?

4 TEAL CLOSE is 71m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% 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 4 TEAL CLOSE lies on this distribution: 1% of detached houses are smaller than 4 TEAL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

4 TEAL CLOSE: Plot and Title Map

4 TEAL CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 4 TEAL 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 4 TEAL 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 4 TEAL CLOSE?

4 TEAL CLOSE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 4 on TEAL CLOSE.