6, MEGS WAY, BRAINTREE, CM7 3QP - £260,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 MEGS WAY is a very small semi-detached house of 84m², built sometime between 2003 and 2006, which could now be worth an estimated £299,083. It was last sold for £260,000 in March 2021, which was around 11% below the average March 2021 semi-detached price in the Braintree local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

6 MEGS WAY Sold Prices

Land registry data shows six sales for 6 MEGS WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Most of the six 6 MEGS 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
2021 3 MAR	£260,000	£292,520	11% below HPI
2018 1 JUN	£254,000	£286,426	11% below HPI
2006 28 APR	£165,000	£179,370	8% below HPI
2003 7 MAR	£135,000	£145,470	7% below HPI
2000 6 APR	£74,000	£80,135	8% below HPI
1996 26 JUL	£63,500	£56,680	12% above HPI

6 MEGS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The six 6 MEGS WAY sales between July 1996 and March 2021 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 June 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2021 sale, which was also at 11% below the HPI.

What might 6 MEGS WAY be worth now?

6 MEGS WAY might now be worth an estimated £299,083.

This is based on house price inflation of 15%, between March 2021 and February 2025, for semi-detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for 6 MEGS WAY of £260,000 on 3rd March 2021. For the value to have increased from £260,000 to £299,083 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 6 MEGS WAY has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The March 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MEGS WAY has not materially changed since March 2021.

How Large is 6 MEGS WAY?

6 MEGS WAY is 84m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of semi-detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Braintree, and where 6 MEGS WAY lies on this distribution: 18% of semi-detached houses houses are smaller than 6 MEGS WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Braintree.

6 MEGS WAY: Plot and Title Map

6 MEGS WAY sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 6 MEGS 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 6 MEGS 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 6 MEGS WAY?

6 MEGS WAY is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 6 on MEGS WAY.