24, MEADOW CLOSE, PANFIELD, BRAINTREE, CM7 5AE - £340,000

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.

24 MEADOW CLOSE is a small extended detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £377,659. It was last sold for £340,000 in June 2021, which was around 32% below the average June 2021 detached price in the Braintree local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

24 MEADOW CLOSE Sold Prices

Land registry data shows one sale for 24 MEADOW 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
2021 30 JUN	£340,000	£501,361	32% below HPI

What might 24 MEADOW CLOSE be worth now?

24 MEADOW CLOSE might now be worth an estimated £377,659.

This is based on house price inflation of 11.1%, between June 2021 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 11.1% inflationary increase is applied to the most recent sale price for 24 MEADOW CLOSE of £340,000 on 30th June 2021. For the value to have increased from £340,000 to £377,659 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 24 MEADOW CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MEADOW CLOSE has not materially changed since June 2021.

How Large is 24 MEADOW CLOSE?

24 MEADOW CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 30% of detached houses in Panfield, based on EPC data. The below chart shows the distribution of detached houses by size in Panfield, and where 24 MEADOW CLOSE lies on this distribution: 30% of detached houses are smaller than 24 MEADOW CLOSE, and 70% of detached houses are larger. Note that EPC data is not available for all properties in Panfield.

24 MEADOW CLOSE: Plot

24 MEADOW CLOSE sits on a plot of roughly 0.106 of an acre, or 429m².

Where is 24 MEADOW CLOSE?

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