3, HEREFORD DRIVE, BRAINTREE, CM7 9FX - £220,000

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

3 HEREFORD DRIVE is a midsized detached house of 103m², built sometime between 1996 and 2002. It was last sold for £220,000 in July 2009, which was around 18% below the average July 2009 detached price in the Braintree local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

3 HEREFORD DRIVE Sold Prices

Land registry data shows three sales for 3 HEREFORD 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 3 HEREFORD 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
2009 9 JUL	£220,000	£269,352	18% below HPI
2006 23 MAR	£240,000	£285,551	16% below HPI
2001 13 JUL	£141,995	£172,532	18% below HPI

3 HEREFORD 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 3 HEREFORD DRIVE sales between July 2001 and July 2009 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2009 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 HEREFORD DRIVE?

3 HEREFORD DRIVE is 103m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 3 HEREFORD DRIVE lies on this distribution: 40% of detached houses are smaller than 3 HEREFORD DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Braintree.

3 HEREFORD DRIVE: Plot and Title Map

3 HEREFORD DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 3 HEREFORD 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 HEREFORD 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 HEREFORD DRIVE?

3 HEREFORD DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 3 on HEREFORD DRIVE.