71, WOOD WAY, GREAT NOTLEY, BRAINTREE, CM77 7JS - £473,000

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

71 WOOD WAY is a midsized extended detached house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £562,203. It was last sold for £473,000 in June 2019, which was around 3% below the average June 2019 detached price in the Braintree local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

71 WOOD WAY Sold Prices

Land registry data shows two sales for 71 WOOD 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. One of the two 71 WOOD WAY sales was for below the average price, whilst the other was 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
2019 13 JUN	£473,000	£486,673	3% below HPI
1997 19 DEC	£165,000	£111,969	47% above HPI

71 WOOD 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 71 WOOD WAY sales from December 1997 and June 2019 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 December 1997 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the June 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 71 WOOD WAY be worth now?

71 WOOD WAY might now be worth an estimated £562,203.

This is based on house price inflation of 18.9%, between June 2019 and December 2024, for 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 18.9% inflationary increase is applied to the most recent sale price for 71 WOOD WAY of £473,000 on 13th June 2019. For the value to have increased from £473,000 to £562,203 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 71 WOOD WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2019 sale price of £473,000 represented a fair market value for the property.
• The size, condition, and specification of 71 WOOD WAY has not materially changed since June 2019.

How Large is 71 WOOD WAY?

71 WOOD WAY is 130m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Notley, and where 71 WOOD WAY lies on this distribution: 52% of detached houses houses are smaller than 71 WOOD WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

71 WOOD WAY: Plot and Title Map

71 WOOD WAY sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 71 WOOD 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 71 WOOD 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 71 WOOD WAY?

71 WOOD WAY is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 71 on WOOD WAY.