9, VERNON WAY, BRAINTREE, CM7 9TU - £320,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

9 VERNON WAY is a very small semi-detached house of 73m², built sometime between 1967 and 1975. It was last sold for £320,000 in April 2024, which was around 40% below the average April 2024 detached price in the Braintree local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

9 VERNON WAY Sold Prices

Land registry data shows two sales for 9 VERNON 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. Both of the two 9 VERNON 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
2024 25 APR	£320,000	£531,316	40% below HPI
2004 26 JUL	£138,500	£274,017	49% below HPI

9 VERNON 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 9 VERNON WAY sales from July 2004 and April 2024 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 July 2004 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the April 2024 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 9 VERNON WAY?

9 VERNON WAY is 73m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 9 VERNON WAY lies on this distribution: 9% of detached houses are smaller than 9 VERNON WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Braintree.

9 VERNON WAY: Plot and Title Map

9 VERNON WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 9 VERNON 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 VERNON 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 VERNON WAY?

9 VERNON WAY is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 9 on VERNON WAY.