9, PRIOR CLOSE, HALSTEAD, CO9 1AX - £195,000

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.

9 PRIOR CLOSE is a small terraced house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £249,299. It was last sold for £195,000 in May 2016, which was around 5% below the average May 2016 terraced price in the Braintree local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

9 PRIOR CLOSE Sold Prices

Land registry data shows three sales for 9 PRIOR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. The three 9 PRIOR CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2016 11 MAY	£195,000	£205,829	5% below HPI
2005 9 DEC	£143,500	£143,063	Close to HPI
1996 2 AUG	£49,500	£44,018	12% above HPI

9 PRIOR 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 three 9 PRIOR CLOSE sales between August 1996 and May 2016 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 December 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 9 PRIOR CLOSE be worth now?

9 PRIOR CLOSE might now be worth an estimated £249,299.

This is based on house price inflation of 27.8%, between May 2016 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 27.8% inflationary increase is applied to the most recent sale price for 9 PRIOR CLOSE of £195,000 on 11th May 2016. For the value to have increased from £195,000 to £249,299 over the ten years and one month to April 2026, the following assumptions must hold true:

• The value of 9 PRIOR CLOSE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The May 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PRIOR CLOSE has not materially changed since May 2016.

How Large is 9 PRIOR CLOSE?

9 PRIOR CLOSE is 86m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of terraced houses houses in Halstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halstead, and where 9 PRIOR CLOSE lies on this distribution: 23% of terraced houses houses are smaller than 9 PRIOR CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Halstead.

9 PRIOR CLOSE: Plot and Title Map

9 PRIOR CLOSE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 9 PRIOR 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 9 PRIOR 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 9 PRIOR CLOSE?

9 PRIOR CLOSE is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 9 on PRIOR CLOSE.