5, CONVENT LANE, BRAINTREE, CM7 9RN - £267,500

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.

5 CONVENT LANE is a very small extended semi-detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £313,690. It was last sold for £267,500 in April 2019, which was around 6% below the average April 2019 semi-detached price in the Braintree local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

5 CONVENT LANE Sold Prices

Land registry data shows one sale for 5 CONVENT LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2019 3 APR	£267,500	£283,862	6% below HPI

What might 5 CONVENT LANE be worth now?

5 CONVENT LANE might now be worth an estimated £313,690.

This is based on house price inflation of 17.3%, between April 2019 and May 2026, for semi-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 17.3% inflationary increase is applied to the most recent sale price for 5 CONVENT LANE of £267,500 on 3rd April 2019. For the value to have increased from £267,500 to £313,690 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 5 CONVENT LANE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The April 2019 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 5 CONVENT LANE has not materially changed since April 2019.

How Large is 5 CONVENT LANE?

5 CONVENT LANE is 66m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of semi-detached houses in Braintree, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Braintree, and where 5 CONVENT LANE lies on this distribution: 16% of semi-detached houses are smaller than 5 CONVENT LANE, and 83% of semi-detached houses are larger. Note that EPC data is not available for all properties in Braintree.

5 CONVENT LANE: Plot

5 CONVENT LANE sits on a plot of roughly 0.120 of an acre, or 487m².

Where is 5 CONVENT LANE?

5 CONVENT LANE is located in BRAINTREE, in the CM7 postcode district.