15, NORMANDIE WAY, BURES, CO8 5BE - £245,000

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

15 NORMANDIE WAY is a large extended detached house of 148m², built sometime between 1976 and 1982. It was last sold for £245,000 in November 2009, which was around 15% below the average November 2009 detached price in the Braintree local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

15 NORMANDIE WAY Sold Prices

Land registry data shows three sales for 15 NORMANDIE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. One of the three 15 NORMANDIE WAY sales was for below the average price, whilst two were 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
2009 6 NOV	£245,000	£288,276	15% below HPI
1999 22 OCT	£133,000	£129,876	2% above HPI
1996 18 OCT	£96,000	£95,401	1% above HPI

15 NORMANDIE 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 three 15 NORMANDIE WAY sales between October 1996 and November 2009 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 October 1999 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2009 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 15 NORMANDIE WAY?

15 NORMANDIE WAY is 148m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of detached houses in Bures, based on EPC data. The below chart shows the distribution of detached houses by size in Bures, and where 15 NORMANDIE WAY lies on this distribution: 75% of detached houses are smaller than 15 NORMANDIE WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Bures.

15 NORMANDIE WAY: Plot and Title Map

15 NORMANDIE WAY sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 15 NORMANDIE 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 15 NORMANDIE 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 15 NORMANDIE WAY?

15 NORMANDIE WAY is located in BURES, in the CO8 postcode district. The below map shows the position of No. 15 on NORMANDIE WAY.