8, JERSEY WAY, BRAINTREE, CM7 2FA - £280,000

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.

8 JERSEY WAY is a very small terraced house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £291,449. It was last sold for £280,000 in January 2022, which was around 11% above the average January 2022 terraced price in the Braintree local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

8 JERSEY WAY Sold Prices

Land registry data shows six sales for 8 JERSEY WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. three of the six 8 JERSEY WAY sales were for above the average price, and six 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
2022 14 JAN	£280,000	£252,806	11% above HPI
2015 31 MAR	£175,000	£180,247	3% below HPI
2011 9 SEP	£148,000	£155,171	5% below HPI
2006 10 FEB	£142,000	£145,144	2% below HPI
2002 13 SEP	£114,000	£99,726	14% above HPI
1996 29 MAR	£44,500	£42,312	5% above HPI

8 JERSEY WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The six 8 JERSEY WAY sales between March 1996 and January 2022 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 March 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 JERSEY WAY be worth now?

8 JERSEY WAY might now be worth an estimated £291,449.

This is based on house price inflation of 4.1%, between January 2022 and April 2026, for terraced 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 4.1% inflationary increase is applied to the most recent sale price for 8 JERSEY WAY of £280,000 on 14th January 2022. For the value to have increased from £280,000 to £291,449 over the three years and nine months to April 2026, the following assumptions must hold true:

• The value of 8 JERSEY WAY has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The January 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 8 JERSEY WAY has not materially changed since January 2022.

How Large is 8 JERSEY WAY?

8 JERSEY WAY is 55m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of terraced houses houses in Braintree, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Braintree, and where 8 JERSEY WAY lies on this distribution: 1% of terraced houses houses are smaller than 8 JERSEY WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Braintree.

8 JERSEY WAY: Plot and Title Map

8 JERSEY WAY sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 8 JERSEY 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 JERSEY 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 JERSEY WAY?

8 JERSEY WAY is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 8 on JERSEY WAY.