8, CAMBRIDGE WAY, BURES, CO8 5BG - £335,000

8 CAMBRIDGE WAY is a small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £335,000 in July 2019, which was around 28% below the average July 2019 detached price in the Braintree local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

8 CAMBRIDGE WAY Sold Prices

Land registry data shows two sales for 8 CAMBRIDGE 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 8 CAMBRIDGE 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 2 JUL	£335,000	£466,725	28% below HPI
2015 24 APR	£211,000	£371,820	43% below HPI

8 CAMBRIDGE 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 8 CAMBRIDGE WAY sales from April 2015 and July 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 April 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 CAMBRIDGE WAY?

8 CAMBRIDGE WAY is 93m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Bures, based on EPC data. The below chart shows the distribution of detached houses by size in Bures, and where 8 CAMBRIDGE WAY lies on this distribution: 25% of detached houses are smaller than 8 CAMBRIDGE WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Bures.

8 CAMBRIDGE WAY: Plot and Title Map

8 CAMBRIDGE WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 8 CAMBRIDGE 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 8 CAMBRIDGE 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 8 CAMBRIDGE WAY?

8 CAMBRIDGE WAY is located in BURES, in the CO8 postcode district. The below map shows the position of No. 8 on CAMBRIDGE WAY.