2, CHAFFINCH WAY, HALSTEAD, CO9 2HW - £234,950

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

2 CHAFFINCH WAY is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £234,950 in June 2011, which was around 23% below the average June 2011 detached price in the Braintree local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

2 CHAFFINCH WAY Sold Prices

Land registry data shows two sales for 2 CHAFFINCH WAY since 1^st 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. Both of the two 2 CHAFFINCH 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
2011 16 JUN	£234,950	£305,143	23% below HPI
2002 28 AUG	£184,995	£213,211	13% below HPI

2 CHAFFINCH 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 two 2 CHAFFINCH WAY sales from August 2002 and June 2011 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 August 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 CHAFFINCH WAY?

2 CHAFFINCH WAY is 76m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Halstead, based on EPC data. The below chart shows the distribution of detached houses by size in Halstead, and where 2 CHAFFINCH WAY lies on this distribution: 12% of detached houses are smaller than 2 CHAFFINCH WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Halstead.

2 CHAFFINCH WAY: Plot and Title Map

2 CHAFFINCH WAY sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of 2 CHAFFINCH 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 2 CHAFFINCH 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 2 CHAFFINCH WAY?

2 CHAFFINCH WAY is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 2 on CHAFFINCH WAY.