2, MILLERS DRIVE, GREAT NOTLEY, BRAINTREE, CM77 7FD - £545,000

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

2 MILLERS DRIVE is a very large extended detached house of 244m², built sometime between 1996 and 2002. It was last sold for £545,000 in May 2021, which was around 14% above the average May 2021 detached price in the Braintree local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

2 MILLERS DRIVE Sold Prices

Land registry data shows four sales for 2 MILLERS 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 Braintree local authority area for the corresponding sale date. All of the four 2 MILLERS 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
2021 14 MAY	£545,000	£477,527	14% above HPI
2011 1 AUG	£375,000	£311,839	20% above HPI
2003 29 AUG	£422,500	£251,998	68% above HPI
2002 29 NOV	£389,000	£233,154	67% above HPI

2 MILLERS 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 four 2 MILLERS DRIVE sales between November 2002 and May 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 August 2011 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 2 MILLERS DRIVE?

2 MILLERS DRIVE is 244m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 2 MILLERS DRIVE lies on this distribution: 96% of detached houses are smaller than 2 MILLERS DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

2 MILLERS DRIVE: Plot and Title Map

2 MILLERS DRIVE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 2 MILLERS 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 2 MILLERS 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 2 MILLERS DRIVE?

2 MILLERS DRIVE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 2 on MILLERS DRIVE.