3, THE CHASEWAY, BRAINTREE, CM7 3FF - £148,500

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.

3 THE CHASEWAY is a very small terraced house of 44m², built sometime between 2007 and 2011, which could now be worth an estimated £245,418. It was last sold for £148,500 in April 2007, which was around 7% below the average April 2007 terraced price in the Braintree local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was A.

3 THE CHASEWAY Sold Prices

Land registry data shows one sale for 3 THE CHASEWAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2007 11 APR	£148,500	£159,225	7% below HPI

What might 3 THE CHASEWAY be worth now?

3 THE CHASEWAY might now be worth an estimated £245,418.

This is based on house price inflation of 65.3%, between April 2007 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 65.3% inflationary increase is applied to the most recent sale price for 3 THE CHASEWAY of £148,500 on 11th April 2007. For the value to have increased from £148,500 to £245,418 over the nineteen years to April 2026, the following assumptions must hold true:

• The value of 3 THE CHASEWAY has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The April 2007 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 3 THE CHASEWAY has not materially changed since April 2007.

How Large is 3 THE CHASEWAY?

3 THE CHASEWAY is 44m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of terraced houses in Braintree, based on EPC data. The below chart shows the distribution of terraced houses by size in Braintree, and where 3 THE CHASEWAY lies on this distribution: 2% of terraced houses are smaller than 3 THE CHASEWAY, and 98% of terraced houses are larger. Note that EPC data is not available for all properties in Braintree.

3 THE CHASEWAY: Plot

3 THE CHASEWAY sits on a plot of roughly 0.057 of an acre, or 230m².

Where is 3 THE CHASEWAY?

3 THE CHASEWAY is located in BRAINTREE, in the CM7 postcode district.