2, ORION WAY, BRAINTREE, CM7 9UR - £290,000

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

2 ORION WAY is a midsized extended detached house of 104m², built sometime between 1976 and 1982, which could now be worth an estimated £348,910. It was last sold for £290,000 in September 2017, which was around 40% below the average September 2017 detached price in the Braintree local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

2 ORION WAY Sold Prices

Land registry data shows two sales for 2 ORION 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 ORION 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
2017 8 SEP	£290,000	£480,789	40% below HPI
2003 27 NOV	£180,000	£267,788	33% below HPI

2 ORION 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 ORION WAY sales from November 2003 and September 2017 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 November 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 ORION WAY be worth now?

2 ORION WAY might now be worth an estimated £348,910.

This is based on house price inflation of 20.3%, between September 2017 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 20.3% inflationary increase is applied to the most recent sale price for 2 ORION WAY of £290,000 on 8th September 2017. For the value to have increased from £290,000 to £348,910 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 ORION WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The September 2017 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORION WAY has not materially changed since September 2017.

How Large is 2 ORION WAY?

2 ORION WAY is 104m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 2 ORION WAY lies on this distribution: 41% of detached houses houses are smaller than 2 ORION WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Braintree.

2 ORION WAY: Plot and Title Map

2 ORION WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 2 ORION 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 ORION 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 ORION WAY?

2 ORION WAY is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 2 on ORION WAY.