1, FARADAY CLOSE, BRAINTREE, CM7 1JD - £22,250

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.

1 FARADAY CLOSE is a detached house, which could now be worth an estimated £130,347. It was last sold for £22,250 in March 1996, which was around 76% below the average March 1996 detached price in the Braintree local authority area.

1 FARADAY CLOSE Sold Prices

Land registry data shows one sale for 1 FARADAY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Braintree local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1996 25 MAR	£22,250	£93,781	76% below HPI

What might 1 FARADAY CLOSE be worth now?

1 FARADAY CLOSE might now be worth an estimated £130,347.

This is based on house price inflation of 485.8%, between March 1996 and April 2026, for detached 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 485.8% inflationary increase is applied to the most recent sale price for 1 FARADAY CLOSE of £22,250 on 25th March 1996. For the value to have increased from £22,250 to £130,347 over the 29 years and eleven months to April 2026, the following assumptions must hold true:

• The value of 1 FARADAY CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 1996 sale price of £22,250 represented a fair market value for the property.
• The size, condition, and specification of 1 FARADAY CLOSE has not materially changed since March 1996.

Where is 1 FARADAY CLOSE?

1 FARADAY CLOSE is located in BRAINTREE, in the CM7 postcode district.