5, SOUTH CLOSE, HALSTEAD, CO9 1NJ - £183,000

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.

5 SOUTH CLOSE is a small semi-detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £369,227. It was last sold for £183,000 in May 2009, which was around 11% above the average May 2009 semi-detached 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.

5 SOUTH CLOSE Sold Prices

Land registry data shows four sales for 5 SOUTH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. One of the four 5 SOUTH CLOSE sales was for above the average price, whilst two 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
2009 29 MAY	£183,000	£164,984	11% above HPI
2004 2 APR	£160,000	£160,560	Close to HPI
2000 21 SEP	£87,500	£88,967	2% below HPI
1995 12 OCT	£52,500	£55,586	6% below HPI

5 SOUTH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The four 5 SOUTH CLOSE sales between October 1995 and May 2009 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 April 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2009 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 5 SOUTH CLOSE be worth now?

5 SOUTH CLOSE might now be worth an estimated £369,227.

This is based on house price inflation of 101.8%, between May 2009 and May 2026, for semi-detached 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 101.8% inflationary increase is applied to the most recent sale price for 5 SOUTH CLOSE of £183,000 on 29th May 2009. For the value to have increased from £183,000 to £369,227 over the seventeen years to May 2026, the following assumptions must hold true:

• The value of 5 SOUTH CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The May 2009 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SOUTH CLOSE has not materially changed since May 2009.

How Large is 5 SOUTH CLOSE?

5 SOUTH CLOSE is 95m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of semi-detached houses houses in Halstead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Halstead, and where 5 SOUTH CLOSE lies on this distribution: 37% of semi-detached houses houses are smaller than 5 SOUTH CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Halstead.

5 SOUTH CLOSE: Plot and Title Map

5 SOUTH CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 5 SOUTH 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 5 SOUTH 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 5 SOUTH CLOSE?

5 SOUTH CLOSE is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 5 on SOUTH CLOSE.