229, MILL PARK DRIVE, BRAINTREE, CM7 1TQ - £403,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

229 MILL PARK DRIVE is a very small detached house of 85m². It was last sold for £403,000 in September 2022, which was around 26% below the average September 2022 detached price in the Braintree local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was C.

229 MILL PARK DRIVE Sold Prices

Land registry data shows three sales for 229 MILL PARK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 229 MILL PARK 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
2022 20 SEP	£403,000	£541,770	26% below HPI
2020 25 NOV	£350,000	£486,555	28% below HPI
2013 8 AUG	£275,000	£317,261	13% below HPI

229 MILL PARK 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 three 229 MILL PARK DRIVE sales between August 2013 and September 2022 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 November 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 229 MILL PARK DRIVE?

229 MILL PARK DRIVE is 85m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 229 MILL PARK DRIVE lies on this distribution: 20% of detached houses are smaller than 229 MILL PARK DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Braintree.

229 MILL PARK DRIVE: Plot and Title Map

229 MILL PARK DRIVE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 229 MILL PARK 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 229 MILL PARK 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 229 MILL PARK DRIVE?

229 MILL PARK DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 229 on MILL PARK DRIVE.