7, ANDREW CLOSE, BRAINTREE, CM7 5QB - £146,000

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.

7 ANDREW CLOSE is a small extended semi-detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £166,576. It was last sold for £146,000 in February 2021, which was around 50% below the average February 2021 semi-detached price in the Braintree local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

7 ANDREW CLOSE Sold Prices

Land registry data shows two sales for 7 ANDREW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Both of the two 7 ANDREW CLOSE 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
2021 12 FEB	£146,000	£294,927	50% below HPI
2016 21 DEC	£245,000	£268,242	9% below HPI

7 ANDREW 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 two 7 ANDREW CLOSE sales from December 2016 and February 2021 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 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2021 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 7 ANDREW CLOSE be worth now?

7 ANDREW CLOSE might now be worth an estimated £166,576.

This is based on house price inflation of 14.1%, between February 2021 and February 2025, 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 14.1% inflationary increase is applied to the most recent sale price for 7 ANDREW CLOSE of £146,000 on 12th February 2021. For the value to have increased from £146,000 to £166,576 over the four years to February 2025, the following assumptions must hold true:

• The value of 7 ANDREW CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The February 2021 sale price of £146,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ANDREW CLOSE has not materially changed since February 2021.

How Large is 7 ANDREW CLOSE?

7 ANDREW CLOSE is 97m², which includes four extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of semi-detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Braintree, and where 7 ANDREW CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 7 ANDREW CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Braintree.

7 ANDREW CLOSE: Plot and Title Map

7 ANDREW CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 7 ANDREW 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 7 ANDREW 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 7 ANDREW CLOSE?

7 ANDREW CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 7 on ANDREW CLOSE.