61, DERWENT WAY, GREAT NOTLEY, BRAINTREE, CM77 7UX - £270,000

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

61 DERWENT WAY is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £270,000 in November 2016, which was around 38% below the average November 2016 detached price in the Braintree local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

61 DERWENT WAY Sold Prices

Land registry data shows two sales for 61 DERWENT 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 61 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
2016 11 NOV	£270,000	£432,599	38% below HPI
2002 26 JUL	£85,000	£209,463	59% below HPI

61 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 two 61 DERWENT WAY sales from July 2002 and November 2016 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 July 2002 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the November 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 61 DERWENT WAY?

61 DERWENT WAY is 71m² according to the EPC inspection conducted in May 2016. 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 61 DERWENT WAY lies on this distribution: 1% of detached houses are smaller than 61 DERWENT WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

61 DERWENT WAY: Plot and Title Map

61 DERWENT WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 61 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 61 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 61 DERWENT WAY?

61 DERWENT WAY is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 61 on DERWENT WAY.