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
16 GREENWAYS is a midsized detached house of 118m², built sometime between 1976 and 1982. It was last sold for £382,500 in March 2018, which was around 19% below the average March 2018 detached price in the Braintree local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 16 GREENWAYS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the five 16 GREENWAYS 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 |
---|---|---|---|
2018 26 MAR | £382,500 | £472,394 | 19% below HPI |
2005 22 APR | £230,000 | £275,817 | 17% below HPI |
2001 27 JUL | £152,500 | £172,532 | 12% below HPI |
1998 19 JUN | £22,500 | £112,613 | 80% below HPI |
1995 24 JUL | £90,000 | £92,256 | 2% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The five 16 GREENWAYS sales between July 1995 and March 2018 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 April 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
16 GREENWAYS is 118m² according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Gosfield, based on EPC data. The below chart shows the distribution of detached houses by size in Gosfield, and where 16 GREENWAYS lies on this distribution: 50% of detached houses are smaller than 16 GREENWAYS, and 50% of houses are larger. Note that EPC data is not available for all properties in Gosfield.
16 GREENWAYS sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 16 GREENWAYS, 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 16 GREENWAYS). 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.
16 GREENWAYS is located in GOSFIELD, in the CO9 postcode district. The below map shows the position of No. 16 on GREENWAYS.