2, VIKING WAY, PILGRIMS HATCH, BRENTWOOD, CM15 9HX - £420,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 VIKING WAY is a very small semi-detached house of 49m², built sometime between 1967 and 1975, which could now be worth an estimated £464,871. It was last sold for £420,000 in June 2021, which was around 14% below the average June 2021 semi-detached price in the Brentwood local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

2 VIKING WAY Sold Prices

Land registry data shows five sales for 2 VIKING WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Brentwood local authority area for the corresponding sale date. All of the five 2 VIKING 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
2021 29 JUN	£420,000	£489,099	14% below HPI
2012 26 JAN	£244,000	£292,135	16% below HPI
2006 13 APR	£231,000	£253,607	9% below HPI
1999 11 FEB	£106,000	£118,406	10% below HPI
1995 31 MAY	£78,000	£83,981	7% below HPI

2 VIKING WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Brentwood local authority area over time, sourced from the HPI. The five 2 VIKING WAY sales between May 1995 and June 2021 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 January 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 VIKING WAY be worth now?

2 VIKING WAY might now be worth an estimated £464,871.

This is based on house price inflation of 10.7%, between June 2021 and June 2025, for semi-detached houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.7% inflationary increase is applied to the most recent sale price for 2 VIKING WAY of £420,000 on 29th June 2021. For the value to have increased from £420,000 to £464,871 over the four years to June 2025, the following assumptions must hold true:

• The value of 2 VIKING WAY has moved in line with the HPI for semi-detached houses in the Brentwood local authority area.
• The June 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VIKING WAY has not materially changed since June 2021.

How Large is 2 VIKING WAY?

2 VIKING WAY is 49m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of semi-detached houses houses in Brentwood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Brentwood, and where 2 VIKING WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 2 VIKING WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

2 VIKING WAY: Plot and Title Map

2 VIKING WAY sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2 VIKING 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 VIKING 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 VIKING WAY?

2 VIKING WAY is located in PILGRIMS HATCH, in the CM15 postcode district. The below map shows the position of No. 2 on VIKING WAY.