8, FERNIE ROAD, BRAINTREE, CM7 2NN - £347,000

8 FERNIE ROAD is a very small extended detached house of 82m², built sometime between 1930 and 1949. It was last sold for £347,000 in September 2021, which was around 29% below the average September 2021 detached price in the Braintree local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

8 FERNIE ROAD Sold Prices

Land registry data shows two sales for 8 FERNIE ROAD 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 8 FERNIE ROAD 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 1 SEP	£347,000	£487,723	29% below HPI
1996 12 DEC	£57,000	£95,009	40% below HPI

8 FERNIE ROAD 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 8 FERNIE ROAD sales from December 1996 and September 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 1996 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 FERNIE ROAD?

8 FERNIE ROAD is 82m², which includes one extension, according to the EPC inspection conducted in May 2021. 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 8 FERNIE ROAD lies on this distribution: 16% of detached houses are smaller than 8 FERNIE ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Braintree.

8 FERNIE ROAD: Plot and Title Map

8 FERNIE ROAD sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 8 FERNIE ROAD, 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 8 FERNIE ROAD). 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 8 FERNIE ROAD?

8 FERNIE ROAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 8 on FERNIE ROAD.