3, CUCKOO WAY, GREAT NOTLEY, BRAINTREE, CM77 7WE - £240,000

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

3 CUCKOO WAY is a small extended detached house of 108m², built sometime between 2003 and 2006. It was last sold for £240,000 in January 2013, which was around 22% below the average January 2013 detached price in the Braintree local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

3 CUCKOO WAY Sold Prices

Land registry data shows three sales for 3 CUCKOO 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. One of the three 3 CUCKOO WAY sales was for below the average price, whilst two were for above 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
2013 10 JAN	£240,000	£309,372	22% below HPI
1998 28 AUG	£123,000	£115,886	6% above HPI
1997 27 NOV	£125,000	£106,042	18% above HPI

3 CUCKOO 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 3 CUCKOO WAY sales between November 1997 and January 2013 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 1998 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2013 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 CUCKOO WAY?

3 CUCKOO WAY is 108m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 3 CUCKOO WAY lies on this distribution: 25% of detached houses are smaller than 3 CUCKOO WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

3 CUCKOO WAY: Plot and Title Map

3 CUCKOO WAY sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 3 CUCKOO 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 3 CUCKOO 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 3 CUCKOO WAY?

3 CUCKOO WAY is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 3 on CUCKOO WAY.