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 FARRIERS WAY is a midsized extended detached house of 133m², built sometime between 1996 and 2002. It was last sold for £328,000 in May 2015, which was around 12% below the average May 2015 detached price in the Braintree local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 FARRIERS WAY since 1st 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 8 FARRIERS 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 |
---|---|---|---|
2015 1 MAY | £328,000 | £371,498 | 12% below HPI |
2001 16 MAR | £190,000 | £160,386 | 18% above HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 8 FARRIERS WAY sales from March 2001 and May 2015 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 March 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
8 FARRIERS WAY is 133m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 50% 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 8 FARRIERS WAY lies on this distribution: 54% of detached houses are smaller than 8 FARRIERS WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Great Notley.
8 FARRIERS WAY sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 8 FARRIERS 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 FARRIERS 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.
8 FARRIERS WAY is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 8 on FARRIERS WAY.