32, DERWENT WAY, GREAT NOTLEY, BRAINTREE, CM77 7UX - £265,000

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.

32 DERWENT WAY is a very small semi-detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £312,623. It was last sold for £265,000 in June 2019, which was around 7% below the average June 2019 semi-detached price in the Braintree local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

32 DERWENT WAY Sold Prices

Land registry data shows three sales for 32 DERWENT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the three 32 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
2019 6 JUN	£265,000	£285,232	7% below HPI
2005 31 AUG	£139,000	£179,457	23% below HPI
1997 27 JUN	£51,000	£59,159	14% below HPI

32 DERWENT WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The three 32 DERWENT WAY sales between June 1997 and June 2019 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 August 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 32 DERWENT WAY be worth now?

32 DERWENT WAY might now be worth an estimated £312,623.

This is based on house price inflation of 18%, between June 2019 and February 2025, for semi-detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for 32 DERWENT WAY of £265,000 on 6th June 2019. For the value to have increased from £265,000 to £312,623 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 32 DERWENT WAY has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The June 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 32 DERWENT WAY has not materially changed since June 2019.

How Large is 32 DERWENT WAY?

32 DERWENT WAY is 58m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of semi-detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Notley, and where 32 DERWENT WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 32 DERWENT WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

32 DERWENT WAY: Plot and Title Map

32 DERWENT WAY sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 32 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 32 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 32 DERWENT WAY?

32 DERWENT WAY is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 32 on DERWENT WAY.