8, TIMBERS CLOSE, GREAT NOTLEY, BRAINTREE, CM77 7GZ - £231,000

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 TIMBERS CLOSE is a very small terraced house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £269,539. It was last sold for £231,000 in October 2019, which was around 1% above the average October 2019 terraced price in the Braintree local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

8 TIMBERS CLOSE Sold Prices

Land registry data shows four sales for 8 TIMBERS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the four 8 TIMBERS CLOSE sales were 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
2019 18 OCT	£231,000	£228,213	1% above HPI
2001 26 OCT	£88,000	£79,075	11% above HPI
2000 27 JUL	£77,000	£66,756	15% above HPI
1998 31 JUL	£71,000	£52,454	35% above HPI

8 TIMBERS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The four 8 TIMBERS CLOSE sales between July 1998 and October 2019 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 October 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2019 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 TIMBERS CLOSE be worth now?

8 TIMBERS CLOSE might now be worth an estimated £269,539.

This is based on house price inflation of 16.7%, between October 2019 and June 2025, for terraced 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 16.7% inflationary increase is applied to the most recent sale price for 8 TIMBERS CLOSE of £231,000 on 18th October 2019. For the value to have increased from £231,000 to £269,539 over the six years and four months to June 2025, the following assumptions must hold true:

• The value of 8 TIMBERS CLOSE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The October 2019 sale price of £231,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TIMBERS CLOSE has not materially changed since October 2019.

How Large is 8 TIMBERS CLOSE?

8 TIMBERS CLOSE is 60m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of terraced houses houses in Great Notley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Great Notley, and where 8 TIMBERS CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 8 TIMBERS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

8 TIMBERS CLOSE: Plot and Title Map

8 TIMBERS CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 8 TIMBERS 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 TIMBERS 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 TIMBERS CLOSE?

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