8, GUINEA CLOSE, BRAINTREE, CM7 9DP - £386,900

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.

8 GUINEA CLOSE is a large detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £415,446. It was last sold for £386,900 in December 2020, which was around 24% below the average December 2020 detached price in the Braintree local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

8 GUINEA CLOSE Sold Prices

Land registry data shows two sales for 8 GUINEA CLOSE 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. One of the two 8 GUINEA CLOSE sales was for below the average price, whilst the other was for above 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 9 DEC	£386,900	£511,646	24% below HPI
1997 26 MAR	£111,750	£101,975	10% above HPI

8 GUINEA 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 two 8 GUINEA CLOSE sales from March 1997 and December 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 March 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 8 GUINEA CLOSE be worth now?

8 GUINEA CLOSE might now be worth an estimated £415,446.

This is based on house price inflation of 7.4%, between December 2020 and April 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 7.4% inflationary increase is applied to the most recent sale price for 8 GUINEA CLOSE of £386,900 on 9th December 2020. For the value to have increased from £386,900 to £415,446 over the six years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 GUINEA CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The December 2020 sale price of £386,900 represented a fair market value for the property.
• The size, condition, and specification of 8 GUINEA CLOSE has not materially changed since December 2020.

How Large is 8 GUINEA CLOSE?

8 GUINEA CLOSE is 131m² according to the EPC inspection conducted in May 2019. This puts it in the largest 30% 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 8 GUINEA CLOSE lies on this distribution: 72% of detached houses houses are smaller than 8 GUINEA CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Braintree.

8 GUINEA CLOSE: Plot and Title Map

8 GUINEA CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 8 GUINEA 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 8 GUINEA 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 8 GUINEA CLOSE?

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