40, JERSEY WAY, BRAINTREE, CM7 2FA - £87,000

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

40 JERSEY WAY is a very large extended detached house of 169m², built sometime between 1967 and 1975. It was last sold for £87,000 in January 1999, which was around 24% below the average January 1999 detached price in the Braintree local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

40 JERSEY WAY Sold Prices

Land registry data shows two sales for 40 JERSEY 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 40 JERSEY 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
1999 18 JAN	£87,000	£114,739	24% below HPI
1998 29 MAY	£88,000	£110,714	21% below HPI

40 JERSEY 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 40 JERSEY WAY sales from May 1998 and January 1999 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 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 1999 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 40 JERSEY WAY?

40 JERSEY WAY is 169m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 40 JERSEY WAY lies on this distribution: 91% of detached houses are smaller than 40 JERSEY WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Braintree.

40 JERSEY WAY: Plot and Title Map

40 JERSEY WAY sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 40 JERSEY 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 40 JERSEY 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 40 JERSEY WAY?

40 JERSEY WAY is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 40 on JERSEY WAY.