2, GILBERT WAY, BRAINTREE, CM7 9UA - £309,000

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.

2 GILBERT WAY is a small extended detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £349,686. It was last sold for £309,000 in December 2017, which was around 37% below the average December 2017 detached price in the Braintree local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

2 GILBERT WAY Sold Prices

Land registry data shows one sale for 2 GILBERT WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Braintree local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 6 DEC	£309,000	£492,097	37% below HPI

What might 2 GILBERT WAY be worth now?

2 GILBERT WAY might now be worth an estimated £349,686.

This is based on house price inflation of 13.2%, between December 2017 and May 2026, for 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 13.2% inflationary increase is applied to the most recent sale price for 2 GILBERT WAY of £309,000 on 6th December 2017. For the value to have increased from £309,000 to £349,686 over the nine years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 GILBERT WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The December 2017 sale price of £309,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GILBERT WAY has not materially changed since December 2017.

How Large is 2 GILBERT WAY?

2 GILBERT WAY is 94m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 2 GILBERT WAY lies on this distribution: 30% of detached houses are smaller than 2 GILBERT WAY, and 69% of detached houses are larger. Note that EPC data is not available for all properties in Braintree.

2 GILBERT WAY: Plot

2 GILBERT WAY sits on a plot of roughly 0.088 of an acre, or 355m².

Where is 2 GILBERT WAY?

2 GILBERT WAY is located in BRAINTREE, in the CM7 postcode district.