28, NORMANDIE WAY, BURES, CO8 5BE - £415,000

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

28 NORMANDIE WAY is a midsized extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £415,000 in June 2024, which was around 25% below the average June 2024 detached price in the Braintree local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

28 NORMANDIE WAY Sold Prices

Land registry data shows three sales for 28 NORMANDIE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 28 NORMANDIE 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
2024 10 JUN	£415,000	£550,916	25% below HPI
2017 16 JUN	£325,000	£453,699	28% below HPI
2007 30 APR	£247,500	£306,521	19% below HPI

28 NORMANDIE 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 three 28 NORMANDIE WAY sales between April 2007 and June 2024 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 June 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 28 NORMANDIE WAY?

28 NORMANDIE WAY is 111m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 50% of detached houses in Bures, based on EPC data. The below chart shows the distribution of detached houses by size in Bures, and where 28 NORMANDIE WAY lies on this distribution: 40% of detached houses are smaller than 28 NORMANDIE WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Bures.

28 NORMANDIE WAY: Plot and Title Map

28 NORMANDIE WAY sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 28 NORMANDIE 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 28 NORMANDIE 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 28 NORMANDIE WAY?

28 NORMANDIE WAY is located in BURES, in the CO8 postcode district. The below map shows the position of No. 28 on NORMANDIE WAY.