48, ELLEN WAY, GREAT NOTLEY, BRAINTREE, CM77 7XG - £400,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

48 ELLEN WAY is a very small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £400,000 in March 2023, which was around 27% below the average March 2023 detached price in the Braintree local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

48 ELLEN WAY Sold Prices

Land registry data shows two sales for 48 ELLEN 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 48 ELLEN 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
2023 15 MAR	£400,000	£544,873	27% below HPI
2006 29 AUG	£220,000	£296,591	26% below HPI

48 ELLEN 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 48 ELLEN WAY sales from August 2006 and March 2023 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 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 48 ELLEN WAY?

48 ELLEN WAY is 92m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% 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 48 ELLEN WAY lies on this distribution: 13% of detached houses are smaller than 48 ELLEN WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

48 ELLEN WAY: Plot and Title Map

48 ELLEN WAY sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 48 ELLEN 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 48 ELLEN 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 48 ELLEN WAY?

48 ELLEN WAY is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 48 on ELLEN WAY.