3, WOOD WAY, GREAT NOTLEY, BRAINTREE, CM77 7JS - £116,000

3 WOOD WAY is a very small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £116,000 in February 1999, which was about the average February 1999 detached price in the Braintree local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

3 WOOD WAY Sold Prices

Land registry data shows two sales for 3 WOOD 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. One of the two 3 WOOD WAY sales was roughly equal to the average price, whilst the other was for above 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
1999 22 FEB	£116,000	£115,933	Close to HPI
1996 30 SEP	£96,500	£95,598	1% above HPI

3 WOOD 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 WOOD WAY sales from September 1996 and February 1999 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 September 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 1999 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 3 WOOD WAY?

3 WOOD WAY is 89m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% 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 WOOD WAY lies on this distribution: 9% of detached houses are smaller than 3 WOOD WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

3 WOOD WAY: Plot and Title Map

3 WOOD WAY sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 3 WOOD 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 WOOD 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 WOOD WAY?

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