8, FARADAY CLOSE, BRAINTREE, CM7 1JD - £200,000

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.

8 FARADAY CLOSE is a large extended semi-detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £354,146. It was last sold for £200,000 in May 2011, which was around 8% above the average May 2011 semi-detached price in the Braintree local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was B.

8 FARADAY CLOSE Sold Prices

Land registry data shows one sale for 8 FARADAY CLOSE 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
2011 4 MAY	£200,000	£184,877	8% above HPI

What might 8 FARADAY CLOSE be worth now?

8 FARADAY CLOSE might now be worth an estimated £354,146.

This is based on house price inflation of 77.1%, between May 2011 and April 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 77.1% inflationary increase is applied to the most recent sale price for 8 FARADAY CLOSE of £200,000 on 4th May 2011. For the value to have increased from £200,000 to £354,146 over the fifteen years and one month to April 2026, the following assumptions must hold true:

• The value of 8 FARADAY CLOSE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The May 2011 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FARADAY CLOSE has not materially changed since May 2011.

How Large is 8 FARADAY CLOSE?

8 FARADAY CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 40% 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 8 FARADAY CLOSE lies on this distribution: 65% of semi-detached houses are smaller than 8 FARADAY CLOSE, and 33% of semi-detached houses are larger. Note that EPC data is not available for all properties in Braintree.

8 FARADAY CLOSE: Plot

8 FARADAY CLOSE sits on a plot of roughly 0.056 of an acre, or 226m².

Where is 8 FARADAY CLOSE?

8 FARADAY CLOSE is located in BRAINTREE, in the CM7 postcode district.