3, CARPENTERS DRIVE, GREAT NOTLEY, BRAINTREE, CM77 7ZQ - £192,000

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.

3 CARPENTERS DRIVE is a very small extended semi-detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £318,823. It was last sold for £192,000 in October 2007, which was around 5% below the average October 2007 semi-detached price in the Braintree local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

3 CARPENTERS DRIVE Sold Prices

Land registry data shows three sales for 3 CARPENTERS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. One of the three 3 CARPENTERS DRIVE sales was for below the average price, whilst two 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
2007 8 OCT	£192,000	£202,640	5% below HPI
2003 21 MAR	£148,000	£145,470	2% above HPI
2000 1 SEP	£110,000	£88,967	24% above HPI

3 CARPENTERS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The three 3 CARPENTERS DRIVE sales between September 2000 and October 2007 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 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2007 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 CARPENTERS DRIVE be worth now?

3 CARPENTERS DRIVE might now be worth an estimated £318,823.

This is based on house price inflation of 66.1%, between October 2007 and February 2025, for semi-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 66.1% inflationary increase is applied to the most recent sale price for 3 CARPENTERS DRIVE of £192,000 on 8th October 2007. For the value to have increased from £192,000 to £318,823 over the eighteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 CARPENTERS DRIVE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The October 2007 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CARPENTERS DRIVE has not materially changed since October 2007.

How Large is 3 CARPENTERS DRIVE?

3 CARPENTERS DRIVE is 69m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of semi-detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Notley, and where 3 CARPENTERS DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 3 CARPENTERS DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

3 CARPENTERS DRIVE: Plot and Title Map

3 CARPENTERS DRIVE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 3 CARPENTERS 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 3 CARPENTERS 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 3 CARPENTERS DRIVE?

3 CARPENTERS DRIVE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 3 on CARPENTERS DRIVE.