45, DERWENT WAY, GREAT NOTLEY, BRAINTREE, CM77 7UH - £235,000

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

45 DERWENT WAY is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £235,000 in July 2009, which was around 13% below the average July 2009 detached price in the Braintree local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

45 DERWENT WAY Sold Prices

Land registry data shows three sales for 45 DERWENT 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 45 DERWENT 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
2009 10 JUL	£235,000	£269,352	13% below HPI
2005 9 SEP	£240,000	£287,204	16% below HPI
1995 26 MAY	£84,000	£88,993	6% below HPI

45 DERWENT 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 45 DERWENT WAY sales between May 1995 and July 2009 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 September 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2009 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 45 DERWENT WAY?

45 DERWENT WAY is 86m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% 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 45 DERWENT WAY lies on this distribution: 7% of detached houses are smaller than 45 DERWENT WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

45 DERWENT WAY: Plot and Title Map

45 DERWENT WAY sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 45 DERWENT 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 45 DERWENT 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 45 DERWENT WAY?

45 DERWENT WAY is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 45 on DERWENT WAY.