26, MILL PARK DRIVE, BRAINTREE, CM7 1XF - £425,000

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

26 MILL PARK DRIVE is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £425,000 in July 2022, which was around 20% below the average July 2022 detached price in the Braintree local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

26 MILL PARK DRIVE Sold Prices

Land registry data shows two sales for 26 MILL PARK 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 26 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 27 JUL	£425,000	£532,067	20% below HPI
2001 21 DEC	£159,950	£183,763	13% below HPI

26 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 two 26 MILL PARK DRIVE sales from December 2001 and July 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 December 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 26 MILL PARK DRIVE?

26 MILL PARK DRIVE is 92m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 26 MILL PARK DRIVE lies on this distribution: 29% of detached houses are smaller than 26 MILL PARK DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Braintree.

26 MILL PARK DRIVE: Plot and Title Map

26 MILL PARK DRIVE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 26 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 26 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 26 MILL PARK DRIVE?

26 MILL PARK DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 26 on MILL PARK DRIVE.