WALFORDS, SILVER STREET, WETHERSFIELD, BRAINTREE, CM7 4BP - £360,000

WALFORDS is a very small extended detached house of 69m², built sometime between 1950 and 1966. It was last sold for £360,000 in March 2021, which was around 24% below the average March 2021 detached price in the Braintree local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

WALFORDS Sold Prices

Land registry data shows two sales for WALFORDS 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 WALFORDS 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 12 MAR	£360,000	£471,818	24% below HPI
2019 31 MAY	£231,000	£462,902	50% below HPI

WALFORDS 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 WALFORDS sales from May 2019 and March 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 May 2019 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is WALFORDS?

WALFORDS is 69m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wethersfield, and where WALFORDS lies on this distribution: 14% of detached houses are smaller than WALFORDS, and 84% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

WALFORDS: Plot and Title Map

WALFORDS sits on a plot of roughly 0.189 of an acre, or 763m². The below map shows the location of WALFORDS, 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 WALFORDS). 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 WALFORDS?

WALFORDS is located on SILVER STREET in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of WALFORDS on SILVER STREET.