2, ORION WAY, BRAINTREE, CM7 9UR - £290,000

2 ORION WAY is a midsized extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £290,000 in September 2017, which was around 37% below the average September 2017 detached price in the Braintree local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

2 ORION WAY Sold Prices

Land registry data shows two sales for 2 ORION 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 2 ORION 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
2017 8 SEP	£290,000	£459,674	37% below HPI
2003 27 NOV	£180,000	£256,027	30% below HPI

2 ORION 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 2 ORION WAY sales from November 2003 and September 2017 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 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2017 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 ORION WAY?

2 ORION WAY is 104m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 2 ORION WAY lies on this distribution: 41% of detached houses are smaller than 2 ORION WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Braintree.

2 ORION WAY: Plot and Title Map

2 ORION WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 2 ORION 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 2 ORION 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 2 ORION WAY?

2 ORION WAY is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 2 on ORION WAY.