7, THE CHASEWAY, BRAINTREE, CM7 3FF - £280,000

7 THE CHASEWAY is a very small detached house of 46m², built sometime between 1991 and 1995. It was last sold for £280,000 in November 2022, which was around 50% below the average November 2022 detached price in the Braintree local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

7 THE CHASEWAY Sold Prices

Land registry data shows three sales for 7 THE CHASEWAY 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 THE CHASEWAY 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
2022 4 NOV	£280,000	£558,797	50% below HPI
2006 18 SEP	£158,000	£296,607	47% below HPI
2005 14 JUN	£150,000	£275,005	45% below HPI

7 THE CHASEWAY 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 THE CHASEWAY sales between June 2005 and November 2022 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 September 2006 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2022 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 7 THE CHASEWAY?

7 THE CHASEWAY is 46m² according to the EPC inspection conducted in June 2022. 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 THE CHASEWAY lies on this distribution: Less than 1% of detached houses are smaller than 7 THE CHASEWAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Braintree.

7 THE CHASEWAY: Plot and Title Map

7 THE CHASEWAY sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 7 THE CHASEWAY, 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 THE CHASEWAY). 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 THE CHASEWAY?

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