48, NORMANDIE WAY, BURES, CO8 5BE - £245,000

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

48 NORMANDIE WAY is a small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £245,000 in July 2011, which was around 20% below the average July 2011 detached price in the Braintree local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

48 NORMANDIE WAY Sold Prices

Land registry data shows two sales for 48 NORMANDIE 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 NORMANDIE 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
2011 28 JUL	£245,000	£305,608	20% below HPI
2000 18 APR	£119,950	£136,692	12% below HPI

48 NORMANDIE 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 NORMANDIE WAY sales from April 2000 and July 2011 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 April 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2011 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 48 NORMANDIE WAY?

48 NORMANDIE WAY is 93m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 30% of detached houses in Bures, based on EPC data. The below chart shows the distribution of detached houses by size in Bures, and where 48 NORMANDIE WAY lies on this distribution: 24% of detached houses are smaller than 48 NORMANDIE WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Bures.

48 NORMANDIE WAY: Plot and Title Map

48 NORMANDIE WAY sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 48 NORMANDIE 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 NORMANDIE 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 NORMANDIE WAY?

48 NORMANDIE WAY is located in BURES, in the CO8 postcode district. The below map shows the position of No. 48 on NORMANDIE WAY.