2, PARK WAY, SHENFIELD, BRENTWOOD, CM15 8LH - £1,700,000

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 PARK WAY is a very large extended detached house of 327m², built sometime between 1950 and 1966. It was last sold for £1,700,000 in April 2021, which was around 114% above the average April 2021 detached price in the Brentwood local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

2 PARK WAY Sold Prices

Land registry data shows five sales for 2 PARK WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. All of the five 2 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
2021 23 APR	£1,700,000	£792,702	114% above HPI
2011 30 MAR	£1,200,000	£479,062	150% above HPI
2006 25 MAY	£905,000	£414,718	118% above HPI
2002 21 JAN	£630,000	£298,772	111% above HPI
2001 25 APR	£440,000	£267,116	65% above HPI

2 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 five 2 PARK WAY sales between April 2001 and April 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 March 2011 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the April 2021 sale, where it falls to 114% above the HPI. The line then continues to track at 114% above the HPI.

How Large is 2 PARK WAY?

2 PARK WAY is 327m², which includes four extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses by size in Brentwood, and where 2 PARK WAY lies on this distribution: 96% of detached houses are smaller than 2 PARK WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

2 PARK WAY: Plot and Title Map

2 PARK WAY sits on a plot of roughly 0.298 of an acre, or 1,207m². The below map shows the location of 2 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 2 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 2 PARK WAY?

2 PARK WAY is located in SHENFIELD, in the CM15 postcode district. The below map shows the position of No. 2 on PARK WAY.