8, WOOLPACK LANE, BRAINTREE, CM7 9BA - £250,000

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 WOOLPACK LANE is a very small terraced house of 48m², built sometime between 1930 and 1949, which could now be worth an estimated £251,086. It was last sold for £250,000 in May 2022, which was around 5% below the average May 2022 terraced price in the Braintree local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was A.

8 WOOLPACK LANE Sold Prices

Land registry data shows seven sales for 8 WOOLPACK LANE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. Most of the seven 8 WOOLPACK LANE 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
2022 3 MAY	£250,000	£262,005	5% below HPI
2003 29 AUG	£124,000	£117,008	6% above HPI
2002 7 JUN	£97,000	£92,800	5% above HPI
2001 30 MAR	£77,500	£71,995	8% above HPI
1999 27 AUG	£59,995	£57,930	4% above HPI
1998 5 MAY	£58,000	£51,141	13% above HPI
1996 26 NOV	£25,500	£44,444	43% below HPI

8 WOOLPACK LANE 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 seven 8 WOOLPACK LANE sales between November 1996 and May 2022 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 August 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 8 WOOLPACK LANE be worth now?

8 WOOLPACK LANE might now be worth an estimated £251,086.

This is based on house price inflation of 0.4%, between May 2022 and April 2026, 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 0.4% inflationary increase is applied to the most recent sale price for 8 WOOLPACK LANE of £250,000 on 3rd May 2022. For the value to have increased from £250,000 to £251,086 over the four years and one month to April 2026, the following assumptions must hold true:

• The value of 8 WOOLPACK LANE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The May 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WOOLPACK LANE has not materially changed since May 2022.

How Large is 8 WOOLPACK LANE?

8 WOOLPACK LANE is 48m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of terraced houses houses in Braintree, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Braintree, and where 8 WOOLPACK LANE lies on this distribution: Less than 1% of terraced houses houses are smaller than 8 WOOLPACK LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Braintree.

8 WOOLPACK LANE: Plot and Title Map

8 WOOLPACK LANE sits on a plot of roughly 0.012 of an acre, or 49m². The below map shows the location of 8 WOOLPACK LANE, 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 WOOLPACK LANE). 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 WOOLPACK LANE?

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