4, THE LEY, BRAINTREE, CM7 3NS - £142,500

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.

4 THE LEY is a very small extended terraced house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £337,103. It was last sold for £142,500 in March 2003, which was around 27% above the average March 2003 terraced price in the Braintree local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

4 THE LEY Sold Prices

Land registry data shows two sales for 4 THE LEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. Both of the two 4 THE LEY 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
2003 28 MAR	£142,500	£112,574	27% above HPI
1999 17 DEC	£81,500	£60,130	36% above HPI

4 THE LEY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The two 4 THE LEY sales from December 1999 and March 2003 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 1999 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the March 2003 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 4 THE LEY be worth now?

4 THE LEY might now be worth an estimated £337,103.

This is based on house price inflation of 136.6%, between March 2003 and May 2026, for terraced 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 136.6% inflationary increase is applied to the most recent sale price for 4 THE LEY of £142,500 on 28th March 2003. For the value to have increased from £142,500 to £337,103 over the 22 years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 THE LEY has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The March 2003 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 4 THE LEY has not materially changed since March 2003.

How Large is 4 THE LEY?

4 THE LEY is 83m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of terraced houses houses in Braintree, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Braintree, and where 4 THE LEY lies on this distribution: 17% of terraced houses houses are smaller than 4 THE LEY, and 82% of houses are larger. Note that EPC data is not available for all properties in Braintree.

4 THE LEY: Plot and Title Map

4 THE LEY sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 4 THE LEY, 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 THE LEY). 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 THE LEY?

4 THE LEY is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 4 on THE LEY.