48, GRANTHAM AVENUE, GREAT NOTLEY, BRAINTREE, CM77 7FP - £418,000

48 GRANTHAM AVENUE is a midsized detached house of 121m², built sometime between 1996 and 2002. It was last sold for £418,000 in August 2018, which was around 11% below the average August 2018 detached price in the Braintree local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

48 GRANTHAM AVENUE Sold Prices

Land registry data shows four sales for 48 GRANTHAM AVENUE 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. Most of the four 48 GRANTHAM AVENUE 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
2018 2 AUG	£418,000	£471,011	11% below HPI
2009 20 MAR	£249,995	£270,039	7% below HPI
2006 2 JUN	£265,000	£288,880	8% below HPI
2002 21 JUN	£205,000	£203,448	1% above HPI

48 GRANTHAM AVENUE 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 48 GRANTHAM AVENUE sales between June 2002 and August 2018 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 March 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 48 GRANTHAM AVENUE?

48 GRANTHAM AVENUE is 121m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 50% 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 48 GRANTHAM AVENUE lies on this distribution: 42% of detached houses are smaller than 48 GRANTHAM AVENUE, and 58% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

48 GRANTHAM AVENUE: Plot and Title Map

48 GRANTHAM AVENUE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 48 GRANTHAM AVENUE, 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 GRANTHAM AVENUE). 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 GRANTHAM AVENUE?

48 GRANTHAM AVENUE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 48 on GRANTHAM AVENUE.