73, TWELVE ACRES, BRAINTREE, CM7 3RY - £352,500

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.

73 TWELVE ACRES is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £385,739. It was last sold for £352,500 in November 2020, which was around 31% below the average November 2020 detached price in the Braintree local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

73 TWELVE ACRES Sold Prices

Land registry data shows four sales for 73 TWELVE ACRES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the four 73 TWELVE ACRES 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
2020 18 NOV	£352,500	£508,905	31% below HPI
2004 12 NOV	£204,995	£295,171	31% below HPI
2000 7 APR	£102,000	£142,971	29% below HPI
1998 30 JUL	£96,950	£119,354	19% below HPI

73 TWELVE ACRES 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 four 73 TWELVE ACRES sales between July 1998 and November 2020 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 November 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2020 sale, which was also at 31% below the HPI.

What might 73 TWELVE ACRES be worth now?

73 TWELVE ACRES might now be worth an estimated £385,739.

This is based on house price inflation of 9.4%, between November 2020 and May 2026, for 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 9.4% inflationary increase is applied to the most recent sale price for 73 TWELVE ACRES of £352,500 on 18th November 2020. For the value to have increased from £352,500 to £385,739 over the six years and six months to May 2026, the following assumptions must hold true:

• The value of 73 TWELVE ACRES has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2020 sale price of £352,500 represented a fair market value for the property.
• The size, condition, and specification of 73 TWELVE ACRES has not materially changed since November 2020.

How Large is 73 TWELVE ACRES?

73 TWELVE ACRES is 80m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 73 TWELVE ACRES lies on this distribution: 14% of detached houses houses are smaller than 73 TWELVE ACRES, and 85% of houses are larger. Note that EPC data is not available for all properties in Braintree.

73 TWELVE ACRES: Plot and Title Map

73 TWELVE ACRES sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 73 TWELVE ACRES, 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 73 TWELVE ACRES). 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 73 TWELVE ACRES?

73 TWELVE ACRES is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 73 on TWELVE ACRES.