30, HEREWARD WAY, WETHERSFIELD, BRAINTREE, CM7 4EG - £340,000

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

30 HEREWARD WAY is a large extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £340,000 in January 2019, which was around 30% below the average January 2019 detached price in the Braintree local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was A.

30 HEREWARD WAY Sold Prices

Land registry data shows two sales for 30 HEREWARD 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 30 HEREWARD 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
2019 8 JAN	£340,000	£484,718	30% below HPI
1998 20 JUL	£86,000	£114,112	25% below HPI

30 HEREWARD 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 30 HEREWARD WAY sales from July 1998 and January 2019 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 July 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 30 HEREWARD WAY?

30 HEREWARD WAY is 136m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wethersfield, and where 30 HEREWARD WAY lies on this distribution: 72% of detached houses are smaller than 30 HEREWARD WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

30 HEREWARD WAY: Plot and Title Map

30 HEREWARD WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 30 HEREWARD 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 30 HEREWARD 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 30 HEREWARD WAY?

30 HEREWARD WAY is located in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of No. 30 on HEREWARD WAY.