Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
11 WOOD WAY is a very small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £375,000 in March 2021, which was around 21% below the average March 2021 detached price in the Braintree local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 11 WOOD WAY since 1st 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. One of the two 11 WOOD WAY sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2021 31 MAR | £375,000 | £471,818 | 21% below HPI |
1997 30 MAY | £104,700 | £97,433 | 7% above HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 11 WOOD WAY sales from May 1997 and March 2021 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 May 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
11 WOOD WAY is 93m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 11 WOOD WAY lies on this distribution: 14% of detached houses are smaller than 11 WOOD WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Great Notley.
11 WOOD WAY sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 11 WOOD 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 11 WOOD 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.
11 WOOD WAY is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 11 on WOOD WAY.