8, BURNS WAY, THAXTED, DUNMOW, CM6 2FH - £450,000

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

8 BURNS WAY is a midsized detached house of 132m². It was last sold for £450,000 in June 2018, which was around 25% below the average June 2018 detached price in the Uttlesford local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was B.

8 BURNS WAY Sold Prices

Land registry data shows two sales for 8 BURNS 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 Uttlesford local authority area for the corresponding sale date. Both of the two 8 BURNS 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
2018 22 JUN	£450,000	£601,196	25% below HPI
2015 8 MAY	£380,000	£498,228	24% below HPI

8 BURNS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two 8 BURNS WAY sales from May 2015 and June 2018 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 BURNS WAY?

8 BURNS WAY is 132m² according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses in Thaxted, based on EPC data. The below chart shows the distribution of detached houses by size in Thaxted, and where 8 BURNS WAY lies on this distribution: 55% of detached houses are smaller than 8 BURNS WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Thaxted.

8 BURNS WAY: Plot and Title Map

8 BURNS WAY sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 8 BURNS 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 8 BURNS 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 8 BURNS WAY?

8 BURNS WAY is located in THAXTED, in the CM6 postcode district. The below map shows the position of No. 8 on BURNS WAY.