2, SEDGEFIELD WAY, BRAINTREE, CM7 1XB - £370,000

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

2 SEDGEFIELD WAY is a small detached house of 99m², built sometime between 1996 and 2002. It was last sold for £370,000 in November 2022, which was around 33% below the average November 2022 detached price in the Braintree local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

2 SEDGEFIELD WAY Sold Prices

Land registry data shows four sales for 2 SEDGEFIELD 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. All of the four 2 SEDGEFIELD 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
2022 4 NOV	£370,000	£555,429	33% below HPI
2006 31 MAY	£145,500	£286,913	49% below HPI
2005 9 JUN	£132,000	£275,005	52% below HPI
1997 19 DEC	£99,950	£107,052	7% below HPI

2 SEDGEFIELD 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 2 SEDGEFIELD WAY sales between December 1997 and November 2022 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 May 2006 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 SEDGEFIELD WAY?

2 SEDGEFIELD WAY is 99m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 2 SEDGEFIELD WAY lies on this distribution: 36% of detached houses are smaller than 2 SEDGEFIELD WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Braintree.

2 SEDGEFIELD WAY: Plot and Title Map

2 SEDGEFIELD WAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 2 SEDGEFIELD 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 SEDGEFIELD 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 SEDGEFIELD WAY?

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