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

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 HEREFORD DRIVE is a small detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £441,265. It was last sold for £220,000 in July 2009, which was around 22% 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	£281,725	22% below HPI
2006 23 MAR	£240,000	£298,668	20% below HPI
2001 13 JUL	£141,995	£180,458	21% 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2009 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 HEREFORD DRIVE be worth now?

3 HEREFORD DRIVE might now be worth an estimated £441,265.

This is based on house price inflation of 100.6%, between July 2009 and March 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 100.6% inflationary increase is applied to the most recent sale price for 3 HEREFORD DRIVE of £220,000 on 9th July 2009. For the value to have increased from £220,000 to £441,265 over the sixteen years and four months to March 2025, the following assumptions must hold true:

• The value of 3 HEREFORD DRIVE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The July 2009 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEREFORD DRIVE has not materially changed since July 2009.

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 40% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 3 HEREFORD DRIVE lies on this distribution: 40% of detached houses 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.