1, PARK DRIVE, INGATESTONE, CM4 9DT - £848,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PARK DRIVE is a very small extended detached house of 85m², built sometime between 1976 and 1982. It was last sold for £848,000 in October 2017, which was around 11% above the average October 2017 detached price in the Brentwood local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

1 PARK DRIVE Sold Prices

Land registry data shows four sales for 1 PARK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. Most of the four 1 PARK DRIVE sales were for above 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
2017 2 OCT	£848,000	£760,763	11% above HPI
2011 21 OCT	£847,500	£492,343	72% above HPI
2001 3 OCT	£319,500	£289,009	11% above HPI
1995 20 SEP	£140,000	£143,310	2% below HPI

1 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The four 1 PARK DRIVE sales between September 1995 and October 2017 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 2011 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the October 2017 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 1 PARK DRIVE?

1 PARK DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses in Ingatestone, based on EPC data. The below chart shows the distribution of detached houses by size in Ingatestone, and where 1 PARK DRIVE lies on this distribution: 10% of detached houses are smaller than 1 PARK DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Ingatestone.

1 PARK DRIVE: Plot and Title Map

1 PARK DRIVE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 1 PARK 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 PARK 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 PARK DRIVE?

1 PARK DRIVE is located in INGATESTONE, in the CM4 postcode district. The below map shows the position of No. 1 on PARK DRIVE.