7, PARR CLOSE, BRAINTREE, CM7 9PT - £295,000

7 PARR CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £295,000 in March 2021, which was around 37% below the average March 2021 detached price in the Braintree local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

7 PARR CLOSE Sold Prices

Land registry data shows three sales for 7 PARR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 7 PARR 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 30 MAR	£295,000	£471,818	37% below HPI
2003 23 JUN	£173,000	£247,223	30% below HPI
1998 26 JUN	£88,500	£112,613	21% below HPI

7 PARR CLOSE 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 three 7 PARR CLOSE sales between June 1998 and March 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 June 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 7 PARR CLOSE?

7 PARR CLOSE is 72m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 7 PARR CLOSE lies on this distribution: 8% of detached houses are smaller than 7 PARR CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Braintree.

7 PARR CLOSE: Plot and Title Map

7 PARR CLOSE sits on a plot of roughly 0.057 of an acre, or 233m². The below map shows the location of 7 PARR 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 PARR 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 PARR CLOSE?

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