8, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL - £456,000

8 SOVEREIGN CLOSE is a small detached house of 102m², built sometime between 1991 and 1995. It was last sold for £456,000 in February 2023, which was around 16% below the average February 2023 detached price in the Braintree local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

8 SOVEREIGN CLOSE Sold Prices

Land registry data shows four sales for 8 SOVEREIGN CLOSE since 1st 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. Most of the four 8 SOVEREIGN CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2023
10 FEB
£456,000£541,526
down arrow
16% below HPI
2004
23 NOV
£242,500£282,208
down arrow
14% below HPI
1999
15 JAN
£109,000£114,739
down arrow
5% below HPI
1996
30 APR
£114,750£88,744
up arrow
29% above HPI

8 SOVEREIGN 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 four 8 SOVEREIGN CLOSE sales between April 1996 and February 2023 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

8, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL: Price paid vs HM Land Registry's House Price Index

How Large is 8 SOVEREIGN CLOSE?

8 SOVEREIGN CLOSE is 102m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 SOVEREIGN CLOSE lies on this distribution: 39% of detached houses are smaller than 8 SOVEREIGN CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Braintree.

8, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL: Size of property relative to detached houses in Braintree

8 SOVEREIGN CLOSE: Plot and Title Map

8 SOVEREIGN CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 8 SOVEREIGN 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 SOVEREIGN 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.

8, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL: Plot and title map

Where is 8 SOVEREIGN CLOSE?

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

8, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL: Location map and indicative extent of plot

All sales of detached houses on SOVEREIGN CLOSE

8, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL
2023
10 FEB
£456,000
20, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL
2006
1 DEC
£270,000
8, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL
2004
23 NOV
£242,500
39, SOVEREIGN CLOSE, BRAINTREE, CM7 9DJ
2004
31 MAR
£247,000
24, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL
2001
13 JUL
£127,000
24, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL
1999
23 JUL
£96,000
8, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL
1999
15 JAN
£109,000
20, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL
1998
7 DEC
£112,500
39, SOVEREIGN CLOSE, BRAINTREE, CM7 9DJ
1998
27 MAR
£131,000
20, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL
1997
27 NOV
£115,250
18, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL
1997
9 SEP
£138,000
24, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL
1997
11 JUL
£97,000
8, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL
1996
30 APR
£114,750
14, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL
1995
30 NOV
£81,450
16, SOVEREIGN CLOSE, BRAINTREE, CM7 9DL
1995
17 NOV
£134,500
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.