10, GILBERT WAY, BRAINTREE, CM7 9UA - £405,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 GILBERT WAY is a midsized extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £405,000 in January 2019, which was around 16% below the average January 2019 detached price in the Braintree local authority area. The most recent EPC inspection was December 2015, where the current energy rating was F, and the potential energy rating was C.

10 GILBERT WAY Sold Prices

Land registry data shows two sales for 10 GILBERT WAY 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 10 GILBERT WAY sales were for below 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
2019 15 JAN	£405,000	£484,718	16% below HPI
2016 30 MAR	£277,500	£404,350	31% below HPI

10 GILBERT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 10 GILBERT WAY sales from March 2016 and January 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 10 GILBERT WAY?

10 GILBERT WAY is 117m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 10 GILBERT WAY lies on this distribution: 58% of detached houses are smaller than 10 GILBERT WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Braintree.

10 GILBERT WAY: Plot and Title Map

10 GILBERT WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 10 GILBERT WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 10 GILBERT WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 10 GILBERT WAY?

10 GILBERT WAY is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 10 on GILBERT WAY.