2, REYNOLDS DRIVE, HALSTEAD, CO9 2FZ - £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

2 REYNOLDS DRIVE is a very small detached house of 84m², built in 2021. It was last sold for £375,000 in September 2023, which was around 30% below the average September 2023 detached price in the Braintree local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

2 REYNOLDS DRIVE Sold Prices

Land registry data shows two sales for 2 REYNOLDS 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 2 REYNOLDS 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
2023 6 SEP	£375,000	£536,118	30% below HPI
2021 27 AUG	£346,995	£480,485	28% below HPI

2 REYNOLDS 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 2 REYNOLDS DRIVE sales from August 2021 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 August 2021 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 REYNOLDS DRIVE?

2 REYNOLDS DRIVE is 84m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Halstead, based on EPC data. The below chart shows the distribution of detached houses by size in Halstead, and where 2 REYNOLDS DRIVE lies on this distribution: 18% of detached houses are smaller than 2 REYNOLDS DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Halstead.

2 REYNOLDS DRIVE: Plot and Title Map

2 REYNOLDS DRIVE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 REYNOLDS 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 REYNOLDS 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 REYNOLDS DRIVE?

2 REYNOLDS DRIVE is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 2 on REYNOLDS DRIVE.