22, HEREFORD DRIVE, BRAINTREE, CM7 9FX - £395,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

22 HEREFORD DRIVE is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £395,000 in August 2021, which was around 18% below the average August 2021 detached price in the Braintree local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

22 HEREFORD DRIVE Sold Prices

Land registry data shows four sales for 22 HEREFORD 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 22 HEREFORD 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
2021 25 AUG	£395,000	£480,485	18% below HPI
2002 11 JUL	£173,000	£209,463	17% below HPI
2001 2 FEB	£123,000	£156,481	21% below HPI
2000 13 APR	£113,995	£136,692	17% below HPI

22 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 four 22 HEREFORD DRIVE sales between April 2000 and August 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 July 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 22 HEREFORD DRIVE?

22 HEREFORD DRIVE is 98m² according to the EPC inspection conducted in August 2019. 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 22 HEREFORD DRIVE lies on this distribution: 35% of detached houses are smaller than 22 HEREFORD DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Braintree.

22 HEREFORD DRIVE: Plot and Title Map

22 HEREFORD DRIVE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 22 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 22 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 22 HEREFORD DRIVE?

22 HEREFORD DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 22 on HEREFORD DRIVE.