46, HEREWARD WAY, WETHERSFIELD, BRAINTREE, CM7 4EG - £325,000

46 HEREWARD WAY is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £325,000 in June 2021, which was around 32% below the average June 2021 detached price in the Braintree local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

46 HEREWARD WAY Sold Prices

Land registry data shows two sales for 46 HEREWARD 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 46 HEREWARD 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 22 JUN	£325,000	£479,342	32% below HPI
2011 2 SEP	£210,000	£311,989	33% below HPI

46 HEREWARD 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 46 HEREWARD WAY sales from September 2011 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 September 2011 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 46 HEREWARD WAY?

46 HEREWARD WAY is 62m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wethersfield, and where 46 HEREWARD WAY lies on this distribution: 5% of detached houses are smaller than 46 HEREWARD WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

46 HEREWARD WAY: Plot and Title Map

46 HEREWARD WAY sits on a plot of roughly 0.187 of an acre, or 755m². The below map shows the location of 46 HEREWARD 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 46 HEREWARD 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 46 HEREWARD WAY?

46 HEREWARD WAY is located in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of No. 46 on HEREWARD WAY.