16, MEADOW CLOSE, PANFIELD, BRAINTREE, CM7 5AE - £123,500

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.

16 MEADOW CLOSE is a detached house, which could now be worth an estimated £506,295. It was last sold for £123,500 in October 1999, which was around 9% below the average October 1999 detached price in the Braintree local authority area.

16 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 16 MEADOW 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 16 MEADOW 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
1999 1 OCT	£123,500	£135,842	9% below HPI
1997 28 NOV	£92,000	£110,913	17% below HPI

What might 16 MEADOW CLOSE be worth now?

16 MEADOW CLOSE might now be worth an estimated £506,295.

This is based on house price inflation of 310%, between October 1999 and May 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 310% inflationary increase is applied to the most recent sale price for 16 MEADOW CLOSE of £123,500 on 1st October 1999. For the value to have increased from £123,500 to £506,295 over the 27 years and five months to May 2026, the following assumptions must hold true:

• The value of 16 MEADOW CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 1999 sale price of £123,500 represented a fair market value for the property.
• The size, condition, and specification of 16 MEADOW CLOSE has not materially changed since October 1999.

Where is 16 MEADOW CLOSE?

16 MEADOW CLOSE is located in PANFIELD, in the CM7 postcode district.