18, HEREFORD DRIVE, BRAINTREE, CM7 9FX - £426,000

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

18 HEREFORD DRIVE is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £426,000 in June 2021, which was around 11% below the average June 2021 detached price in the Braintree local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

18 HEREFORD DRIVE Sold Prices

Land registry data shows two sales for 18 HEREFORD DRIVE 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. One of the two 18 HEREFORD DRIVE sales was for below the average price, whilst the other was roughly equal to 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 28 JUN	£426,000	£479,342	11% below HPI
2000 27 APR	£136,995	£136,692	Close to HPI

18 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 two 18 HEREFORD DRIVE sales from April 2000 and June 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 April 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 18 HEREFORD DRIVE?

18 HEREFORD DRIVE is 112m² according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 18 HEREFORD DRIVE lies on this distribution: 51% of detached houses are smaller than 18 HEREFORD DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Braintree.

18 HEREFORD DRIVE: Plot and Title Map

18 HEREFORD DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 18 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 18 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 18 HEREFORD DRIVE?

18 HEREFORD DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 18 on HEREFORD DRIVE.