21, HEREWARD WAY, WETHERSFIELD, BRAINTREE, CM7 4EG - £224,000

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.

21 HEREWARD WAY is a very small semi-detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £261,590. It was last sold for £224,000 in April 2018, which was around 21% below the average April 2018 semi-detached price in the Braintree local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

21 HEREWARD WAY Sold Prices

Land registry data shows one sale for 21 HEREWARD WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2018 16 APR	£224,000	£285,043	21% below HPI

What might 21 HEREWARD WAY be worth now?

21 HEREWARD WAY might now be worth an estimated £261,590.

This is based on house price inflation of 16.8%, between April 2018 and May 2026, 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 16.8% inflationary increase is applied to the most recent sale price for 21 HEREWARD WAY of £224,000 on 16th April 2018. For the value to have increased from £224,000 to £261,590 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 21 HEREWARD WAY has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The April 2018 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 21 HEREWARD WAY has not materially changed since April 2018.

How Large is 21 HEREWARD WAY?

21 HEREWARD WAY is 56m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of semi-detached houses in Wethersfield, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Wethersfield, and where 21 HEREWARD WAY lies on this distribution: 2% of semi-detached houses are smaller than 21 HEREWARD WAY, and 98% of semi-detached houses are larger. Note that EPC data is not available for all properties in Wethersfield.

21 HEREWARD WAY: Plot

21 HEREWARD WAY sits on a plot of roughly 0.083 of an acre, or 335m².

Where is 21 HEREWARD WAY?

21 HEREWARD WAY is located in WETHERSFIELD, in the CM7 postcode district.