15, THATCHERS WAY, GREAT NOTLEY, BRAINTREE, CM77 7HB - £525,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 THATCHERS WAY is a large detached house of 147m², built sometime between 1996 and 2002, which could now be worth an estimated £604,289. It was last sold for £525,000 in August 2021, which was around 4% above the average August 2021 detached price in the Braintree local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

15 THATCHERS WAY Sold Prices

Land registry data shows three sales for 15 THATCHERS 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. All of the three 15 THATCHERS WAY sales 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
2021 16 AUG	£525,000	£502,556	4% above HPI
2005 28 JAN	£310,000	£296,967	4% above HPI
2002 28 MAR	£280,000	£202,231	38% above HPI

15 THATCHERS 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 THATCHERS WAY sales between March 2002 and August 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 January 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2021 sale, which was also at 4% above the HPI.

What might 15 THATCHERS WAY be worth now?

15 THATCHERS WAY might now be worth an estimated £604,289.

This is based on house price inflation of 15.1%, between August 2021 and December 2024, for 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 15.1% inflationary increase is applied to the most recent sale price for 15 THATCHERS WAY of £525,000 on 16th August 2021. For the value to have increased from £525,000 to £604,289 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 15 THATCHERS WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The August 2021 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THATCHERS WAY has not materially changed since August 2021.

How Large is 15 THATCHERS WAY?

15 THATCHERS WAY is 147m² according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Notley, and where 15 THATCHERS WAY lies on this distribution: 66% of detached houses houses are smaller than 15 THATCHERS WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

15 THATCHERS WAY: Plot and Title Map

15 THATCHERS WAY sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 15 THATCHERS 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 THATCHERS 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 THATCHERS WAY?

15 THATCHERS WAY is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 15 on THATCHERS WAY.