15, WOOD WAY, GREAT NOTLEY, BRAINTREE, CM77 7JS - £418,000

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

15 WOOD WAY is a very small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £418,000 in November 2021, which was around 17% below the average November 2021 detached price in the Braintree local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

15 WOOD WAY Sold Prices

Land registry data shows four sales for 15 WOOD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the four 15 WOOD 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
2021 26 NOV	£418,000	£506,010	17% below HPI
2006 9 JUN	£237,500	£288,880	18% below HPI
2004 27 JUL	£230,000	£274,017	16% below HPI
1996 17 DEC	£99,950	£95,009	5% above HPI

15 WOOD 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 four 15 WOOD WAY sales between December 1996 and November 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 June 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 15 WOOD WAY?

15 WOOD WAY is 97m², which includes one extension, according to the EPC inspection conducted in June 2021. 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 15 WOOD WAY lies on this distribution: 18% of detached houses are smaller than 15 WOOD WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

15 WOOD WAY: Plot and Title Map

15 WOOD WAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 15 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 15 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.

Where is 15 WOOD WAY?

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