27, PARK WAY, SHENFIELD, BRENTWOOD, CM15 8LH - £671,000

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

27 PARK WAY is a very large detached house of 345m², built in 2023. It was last sold for £671,000 in December 2014, which was around 15% above the average December 2014 detached price in the Brentwood local authority area. The most recent EPC inspection was December 2023, where the current energy rating was B, and the potential energy rating was B.

27 PARK WAY Sold Prices

Land registry data shows three sales for 27 PARK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. All of the three 27 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
2014 12 DEC	£671,000	£584,748	15% above HPI
2014 27 MAR	£577,500	£540,291	7% above HPI
2004 9 MAR	£390,000	£372,531	5% above HPI

27 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 three 27 PARK WAY sales between March 2004 and December 2014 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 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2014 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 27 PARK WAY?

27 PARK WAY is 345m² according to the EPC inspection conducted in December 2023. 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 27 PARK WAY lies on this distribution: 97% of detached houses are smaller than 27 PARK WAY, and 3% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

27 PARK WAY: Plot and Title Map

27 PARK WAY sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 27 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 27 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 27 PARK WAY?

27 PARK WAY is located in SHENFIELD, in the CM15 postcode district. The below map shows the position of No. 27 on PARK WAY.