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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 STONE PATH DRIVE is a small detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £394,247. It was last sold for £390,000 in May 2023, which was around 32% 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	£571,304	32% below HPI
2022 28 OCT	£427,500	£574,735	26% below HPI
2016 15 JUL	£289,950	£446,741	35% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 29 STONE PATH DRIVE be worth now?

29 STONE PATH DRIVE might now be worth an estimated £394,247.

This is based on house price inflation of 1.1%, between May 2023 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% inflationary increase is applied to the most recent sale price for 29 STONE PATH DRIVE of £390,000 on 18th May 2023. For the value to have increased from £390,000 to £394,247 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 29 STONE PATH DRIVE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The May 2023 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 29 STONE PATH DRIVE has not materially changed since May 2023.

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 houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatfield Peverel, and where 29 STONE PATH DRIVE lies on this distribution: 22% of detached houses houses are smaller than 29 STONE PATH DRIVE, and 77% 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.