29, STONE PATH DRIVE, HATFIELD PEVEREL, CHELMSFORD, CM3 2LG - £390,000

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

29 STONE PATH DRIVE is a small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £390,000 in May 2023, which was around 29% below the average May 2023 detached price in the Braintree local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

29 STONE PATH DRIVE Sold Prices

Land registry data shows three sales for 29 STONE PATH 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 29 STONE PATH 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 18 MAY	£390,000	£546,214	29% below HPI
2022 28 OCT	£427,500	£549,494	22% below HPI
2016 15 JUL	£289,950	£427,121	32% below HPI

29 STONE PATH 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 29 STONE PATH DRIVE sales between July 2016 and May 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 October 2022 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 29 STONE PATH DRIVE?

29 STONE PATH DRIVE is 88m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield Peverel, and where 29 STONE PATH DRIVE lies on this distribution: 21% of detached houses are smaller than 29 STONE PATH DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

29 STONE PATH DRIVE: Plot and Title Map

29 STONE PATH DRIVE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 29 STONE PATH 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 29 STONE PATH 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 29 STONE PATH DRIVE?

29 STONE PATH DRIVE is located in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of No. 29 on STONE PATH DRIVE.