65, CHALLIS LANE, BRAINTREE, CM7 1AL - £308,500

65 CHALLIS LANE is a very small extended detached house of 82m², built sometime between 1930 and 1949. It was last sold for £308,500 in May 2017, which was around 31% below the average May 2017 detached price in the Braintree local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

65 CHALLIS LANE Sold Prices

Land registry data shows two sales for 65 CHALLIS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 65 CHALLIS LANE 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
2017 12 MAY	£308,500	£449,986	31% below HPI
2001 17 DEC	£135,000	£183,763	27% below HPI

65 CHALLIS LANE 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 two 65 CHALLIS LANE sales from December 2001 and May 2017 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 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 65 CHALLIS LANE?

65 CHALLIS LANE is 82m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 65 CHALLIS LANE lies on this distribution: 16% of detached houses are smaller than 65 CHALLIS LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Braintree.

65 CHALLIS LANE: Plot and Title Map

65 CHALLIS LANE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 65 CHALLIS LANE, 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 65 CHALLIS LANE). 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 65 CHALLIS LANE?

65 CHALLIS LANE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 65 on CHALLIS LANE.