4, GRAYNES CLOSE, BRAINTREE, CM7 2AX - £280,000

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.

4 GRAYNES CLOSE is a very small detached house of 85m², built sometime from 2007 onwards, which could now be worth an estimated £404,653. It was last sold for £280,000 in March 2015, which was around 26% below the average March 2015 detached price in the Braintree local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

4 GRAYNES CLOSE Sold Prices

Land registry data shows one sale for 4 GRAYNES 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
2015 13 MAR	£280,000	£380,155	26% below HPI

What might 4 GRAYNES CLOSE be worth now?

4 GRAYNES CLOSE might now be worth an estimated £404,653.

This is based on house price inflation of 44.5%, between March 2015 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 44.5% inflationary increase is applied to the most recent sale price for 4 GRAYNES CLOSE of £280,000 on 13th March 2015. For the value to have increased from £280,000 to £404,653 over the ten years and eleven months to April 2026, the following assumptions must hold true:

• The value of 4 GRAYNES CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2015 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRAYNES CLOSE has not materially changed since March 2015.

How Large is 4 GRAYNES CLOSE?

4 GRAYNES CLOSE is 85m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 4 GRAYNES CLOSE lies on this distribution: 20% of detached houses are smaller than 4 GRAYNES CLOSE, and 79% of detached houses are larger. Note that EPC data is not available for all properties in Braintree.

4 GRAYNES CLOSE: Plot

4 GRAYNES CLOSE sits on a plot of roughly 0.052 of an acre, or 210m².

Where is 4 GRAYNES CLOSE?

4 GRAYNES CLOSE is located in BRAINTREE, in the CM7 postcode district.