18, RANA DRIVE, BRAINTREE, CM7 2TD - £375,000

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

18 RANA DRIVE is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £375,000 in September 2019, which was around 19% below the average September 2019 detached price in the Braintree local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

18 RANA DRIVE Sold Prices

Land registry data shows two sales for 18 RANA 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. Both of the two 18 RANA 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
2019 20 SEP	£375,000	£465,675	19% below HPI
1998 17 APR	£100,000	£109,281	8% below HPI

18 RANA 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 RANA DRIVE sales from April 1998 and September 2019 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 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 18 RANA DRIVE?

18 RANA DRIVE is 96m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 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 18 RANA DRIVE lies on this distribution: 33% of detached houses are smaller than 18 RANA DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Braintree.

18 RANA DRIVE: Plot and Title Map

18 RANA DRIVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 18 RANA 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 RANA 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 RANA DRIVE?

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