3, DERWENT WAY, GREAT NOTLEY, BRAINTREE, CM77 7UH - £285,000

3 DERWENT WAY is a midsized extended detached house of 121m², built sometime between 1976 and 1982. It was last sold for £285,000 in December 2010, which was around 5% below the average December 2010 detached price in the Braintree local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

3 DERWENT WAY Sold Prices

Land registry data shows two sales for 3 DERWENT 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 3 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
2010 17 DEC	£285,000	£300,784	5% below HPI
2001 5 DEC	£177,000	£183,763	4% below HPI

3 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 two 3 DERWENT WAY sales from December 2001 and December 2010 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 December 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2010 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 DERWENT WAY?

3 DERWENT WAY is 121m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 50% 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 3 DERWENT WAY lies on this distribution: 41% of detached houses are smaller than 3 DERWENT WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

3 DERWENT WAY: Plot and Title Map

3 DERWENT WAY sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 3 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 3 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 3 DERWENT WAY?

3 DERWENT WAY is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 3 on DERWENT WAY.