9, DERWENT WAY, GREAT NOTLEY, BRAINTREE, CM77 7UH - £302,000

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

9 DERWENT WAY is a small detached house of 103m², built sometime between 1976 and 1982. It was last sold for £302,000 in October 2015, which was around 23% below the average October 2015 detached price in the Braintree local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

9 DERWENT WAY Sold Prices

Land registry data shows three sales for 9 DERWENT WAY 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 9 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
2015 16 OCT	£302,000	£392,038	23% below HPI
2009 20 NOV	£249,000	£288,276	14% below HPI
2006 10 NOV	£230,000	£296,069	22% below HPI

9 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 three 9 DERWENT WAY sales between November 2006 and October 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 November 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 9 DERWENT WAY?

9 DERWENT WAY is 103m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% 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 9 DERWENT WAY lies on this distribution: 22% of detached houses are smaller than 9 DERWENT WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

9 DERWENT WAY: Plot and Title Map

9 DERWENT WAY sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 9 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 9 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 9 DERWENT WAY?

9 DERWENT WAY is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 9 on DERWENT WAY.