48, CRESSING ROAD, BRAINTREE, CM7 3PP - £205,500

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.

48 CRESSING ROAD is a small extended terraced house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £306,382. It was last sold for £205,500 in February 2015, which was around 15% above the average February 2015 terraced price in the Braintree local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

48 CRESSING ROAD Sold Prices

Land registry data shows two sales for 48 CRESSING ROAD 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. One of the two 48 CRESSING ROAD sales was for above the average price, whilst the other was 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
2015 16 FEB	£205,500	£178,607	15% above HPI
2009 11 DEC	£144,000	£147,227	2% below HPI

48 CRESSING ROAD 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 48 CRESSING ROAD sales from December 2009 and February 2015 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2015 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 48 CRESSING ROAD be worth now?

48 CRESSING ROAD might now be worth an estimated £306,382.

This is based on house price inflation of 49.1%, between February 2015 and June 2025, 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 49.1% inflationary increase is applied to the most recent sale price for 48 CRESSING ROAD of £205,500 on 16th February 2015. For the value to have increased from £205,500 to £306,382 over the nine years and eight months to June 2025, the following assumptions must hold true:

• The value of 48 CRESSING ROAD has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The February 2015 sale price of £205,500 represented a fair market value for the property.
• The size, condition, and specification of 48 CRESSING ROAD has not materially changed since February 2015.

How Large is 48 CRESSING ROAD?

48 CRESSING ROAD is 92m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% 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 48 CRESSING ROAD lies on this distribution: 28% of terraced houses houses are smaller than 48 CRESSING ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Braintree.

48 CRESSING ROAD: Plot and Title Map

48 CRESSING ROAD sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 48 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 48 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 48 CRESSING ROAD?

48 CRESSING ROAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 48 on CRESSING ROAD.