7, GREENWAYS, FEERING, COLCHESTER, CO5 9LZ - £525,000

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

7 GREENWAYS is a large extended detached house of 144m², built sometime between 1983 and 1990. It was last sold for £525,000 in October 2020, which was around 8% above the average October 2020 detached price in the Braintree local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7 GREENWAYS Sold Prices

Land registry data shows three sales for 7 GREENWAYS 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 7 GREENWAYS sales were for above 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
2020 23 OCT	£525,000	£487,278	8% above HPI
2007 24 MAY	£360,000	£305,882	18% above HPI
1996 15 APR	£117,000	£88,744	32% above HPI

7 GREENWAYS 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 7 GREENWAYS sales between April 1996 and October 2020 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 May 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2020 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 7 GREENWAYS?

7 GREENWAYS is 144m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Feering, based on EPC data. The below chart shows the distribution of detached houses by size in Feering, and where 7 GREENWAYS lies on this distribution: 74% of detached houses are smaller than 7 GREENWAYS, and 25% of houses are larger. Note that EPC data is not available for all properties in Feering.

7 GREENWAYS: Plot and Title Map

7 GREENWAYS sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 7 GREENWAYS, 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 7 GREENWAYS). 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 7 GREENWAYS?

7 GREENWAYS is located in FEERING, in the CO5 postcode district. The below map shows the position of No. 7 on GREENWAYS.