16, PARK WAY, SHENFIELD, BRENTWOOD, CM15 8LH - £1,595,000

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

16 PARK WAY is a large extended detached house of 167m², built sometime between 1900 and 1929. It was last sold for £1,595,000 in September 2023, which was around 83% above the average September 2023 detached price in the Brentwood local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was B.

16 PARK WAY Sold Prices

Land registry data shows two sales for 16 PARK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. Both of the two 16 PARK WAY 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
2023 28 SEP	£1,595,000	£873,811	83% above HPI
2004 31 MAR	£705,000	£372,531	89% above HPI

16 PARK WAY 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 two 16 PARK WAY sales from March 2004 and September 2023 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 March 2004 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the September 2023 sale, where it falls to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 16 PARK WAY?

16 PARK WAY is 167m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses by size in Brentwood, and where 16 PARK WAY lies on this distribution: 64% of detached houses are smaller than 16 PARK WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

16 PARK WAY: Plot and Title Map

16 PARK WAY sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 16 PARK WAY, 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 16 PARK WAY). 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 16 PARK WAY?

16 PARK WAY is located in SHENFIELD, in the CM15 postcode district. The below map shows the position of No. 16 on PARK WAY.