8, TEAL CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7YB - £216,000

8 TEAL CLOSE is a very small semi-detached house of 83m², built sometime between 1991 and 1995. It was last sold for £216,000 in May 2013, which was around 29% below the average May 2013 detached price in the Braintree local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

8 TEAL CLOSE Sold Prices

Land registry data shows two sales for 8 TEAL 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. Both of the two 8 TEAL CLOSE 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
2013 29 MAY	£216,000	£303,201	29% below HPI
2003 4 JUN	£182,995	£247,223	26% below HPI

8 TEAL 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 TEAL CLOSE sales from June 2003 and May 2013 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 June 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2013 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 TEAL CLOSE?

8 TEAL CLOSE is 83m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 8 TEAL CLOSE lies on this distribution: 5% of detached houses are smaller than 8 TEAL CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

8 TEAL CLOSE: Plot and Title Map

8 TEAL CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 8 TEAL 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 TEAL 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 TEAL CLOSE?

8 TEAL CLOSE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 8 on TEAL CLOSE.