3, PARSONAGE GROVE, BURES, CO8 5BU - £320,000

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.

3 PARSONAGE GROVE is a detached house, which could now be worth an estimated £559,762. It was last sold for £320,000 in January 2007, which was around 2% above the average January 2007 detached price in the Braintree local authority area.

3 PARSONAGE GROVE Sold Prices

Land registry data shows two sales for 3 PARSONAGE GROVE 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 3 PARSONAGE GROVE 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
2007 18 JAN	£320,000	£314,074	2% above HPI
1999 8 FEB	£145,000	£121,258	20% above HPI

What might 3 PARSONAGE GROVE be worth now?

3 PARSONAGE GROVE might now be worth an estimated £559,762.

This is based on house price inflation of 74.9%, between January 2007 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 74.9% inflationary increase is applied to the most recent sale price for 3 PARSONAGE GROVE of £320,000 on 18th January 2007. For the value to have increased from £320,000 to £559,762 over the eighteen years and nine months to April 2026, the following assumptions must hold true:

• The value of 3 PARSONAGE GROVE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The January 2007 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARSONAGE GROVE has not materially changed since January 2007.

Where is 3 PARSONAGE GROVE?

3 PARSONAGE GROVE is located in BURES, in the CO8 postcode district.