22, WOOD WAY, GREAT NOTLEY, BRAINTREE, CM77 7JS - £422,000

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

22 WOOD WAY is a very small extended detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £478,524. It was last sold for £422,000 in September 2021, which was around 17% below the average September 2021 detached price in the Braintree local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

22 WOOD WAY Sold Prices

Land registry data shows four sales for 22 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 22 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 27 SEP	£422,000	£510,127	17% below HPI
2017 15 DEC	£385,000	£492,097	22% below HPI
2000 25 JAN	£127,950	£141,285	9% below HPI
1997 27 MAR	£111,500	£101,975	9% above HPI

22 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 22 WOOD WAY sales between March 1997 and September 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 December 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 22 WOOD WAY be worth now?

22 WOOD WAY might now be worth an estimated £478,524.

This is based on house price inflation of 13.4%, between September 2021 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 13.4% inflationary increase is applied to the most recent sale price for 22 WOOD WAY of £422,000 on 27th September 2021. For the value to have increased from £422,000 to £478,524 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 22 WOOD WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The September 2021 sale price of £422,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WOOD WAY has not materially changed since September 2021.

How Large is 22 WOOD WAY?

22 WOOD WAY is 92m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Notley, and where 22 WOOD WAY lies on this distribution: 13% of detached houses houses are smaller than 22 WOOD WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

22 WOOD WAY: Plot and Title Map

22 WOOD WAY sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 22 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 22 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 22 WOOD WAY?

22 WOOD WAY is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 22 on WOOD WAY.