1, HEREFORD DRIVE, BRAINTREE, CM7 9FX - £362,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 HEREFORD DRIVE is a large extended detached house of 122m², built sometime between 1996 and 2002. It was last sold for £362,500 in November 2021, which was around 28% below the average November 2021 detached price in the Braintree local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

1 HEREFORD DRIVE Sold Prices

Land registry data shows three sales for 1 HEREFORD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 1 HEREFORD DRIVE 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 5 NOV	£362,500	£506,010	28% below HPI
2009 30 OCT	£225,000	£286,852	22% below HPI
2001 29 JUN	£124,995	£169,871	26% below HPI

1 HEREFORD DRIVE 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 three 1 HEREFORD DRIVE sales between June 2001 and November 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 October 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 HEREFORD DRIVE?

1 HEREFORD DRIVE is 122m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 1 HEREFORD DRIVE lies on this distribution: 65% of detached houses are smaller than 1 HEREFORD DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Braintree.

1 HEREFORD DRIVE: Plot and Title Map

1 HEREFORD DRIVE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 1 HEREFORD DRIVE, 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 1 HEREFORD DRIVE). 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 1 HEREFORD DRIVE?

1 HEREFORD DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 1 on HEREFORD DRIVE.