24, JERSEY WAY, BRAINTREE, CM7 2FA - £350,000

24 JERSEY WAY is a small extended detached house of 98m², built sometime between 1991 and 1995. It was last sold for £350,000 in September 2017, which was around 24% below the average September 2017 detached price in the Braintree local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

24 JERSEY WAY Sold Prices

Land registry data shows two sales for 24 JERSEY 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 24 JERSEY 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 1 SEP	£350,000	£459,674	24% below HPI
2008 23 JUN	£245,000	£314,647	22% below HPI

24 JERSEY 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 24 JERSEY WAY sales from June 2008 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 June 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 24 JERSEY WAY?

24 JERSEY WAY is 98m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 24 JERSEY WAY lies on this distribution: 35% of detached houses are smaller than 24 JERSEY WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Braintree.

24 JERSEY WAY: Plot and Title Map

24 JERSEY WAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 24 JERSEY 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 24 JERSEY 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 24 JERSEY WAY?

24 JERSEY WAY is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 24 on JERSEY WAY.