40, CHERRY TREE CLOSE, HALSTEAD, CO9 2UA - £387,500

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.

40 CHERRY TREE CLOSE is a very small terraced house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £383,334. It was last sold for £387,500 in December 2024, which was around 46% above the average December 2024 terraced price in the Braintree local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

40 CHERRY TREE CLOSE Sold Prices

Land registry data shows five sales for 40 CHERRY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the five 40 CHERRY TREE 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
2024 5 DEC	£387,500	£266,003	46% above HPI
2017 12 OCT	£292,000	£227,099	29% above HPI
2007 2 FEB	£188,000	£158,983	18% above HPI
2003 16 DEC	£165,000	£120,333	37% above HPI
2000 15 DEC	£94,950	£70,868	34% above HPI

40 CHERRY TREE CLOSE 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 five 40 CHERRY TREE CLOSE sales between December 2000 and December 2024 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 October 2017 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2024 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 40 CHERRY TREE CLOSE be worth now?

40 CHERRY TREE CLOSE might now be worth an estimated £383,334.

This is based on house price deflation of 1.1%, between December 2024 and April 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 1.1% deflationary decrease is applied to the most recent sale price for 40 CHERRY TREE CLOSE of £387,500 on 5th December 2024. For the value to have decreased from £387,500 to £383,334 over the two years and eight months to April 2026, the following assumptions must hold true:

• The value of 40 CHERRY TREE CLOSE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The December 2024 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 40 CHERRY TREE CLOSE has not materially changed since December 2024.

How Large is 40 CHERRY TREE CLOSE?

40 CHERRY TREE CLOSE is 81m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of terraced houses houses in Halstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halstead, and where 40 CHERRY TREE CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 40 CHERRY TREE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Halstead.

40 CHERRY TREE CLOSE: Plot and Title Map

40 CHERRY TREE CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 40 CHERRY TREE 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 40 CHERRY TREE 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 40 CHERRY TREE CLOSE?

40 CHERRY TREE CLOSE is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 40 on CHERRY TREE CLOSE.