3, PEARL DRIVE, BRAINTREE, CM7 3RR - £141,000

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 PEARL DRIVE is a very small terraced house of 54m², built sometime between 2003 and 2006, which could now be worth an estimated £245,852. It was last sold for £141,000 in September 2011, which was around 9% below the average September 2011 terraced price in the Braintree local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

3 PEARL DRIVE Sold Prices

Land registry data shows two sales for 3 PEARL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. Both of the two 3 PEARL 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
2011 2 SEP	£141,000	£155,171	9% below HPI
2006 5 MAY	£139,950	£147,423	5% below HPI

3 PEARL DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The two 3 PEARL DRIVE sales from May 2006 and September 2011 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 May 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2011 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 PEARL DRIVE be worth now?

3 PEARL DRIVE might now be worth an estimated £245,852.

This is based on house price inflation of 74.4%, between September 2011 and July 2025, for terraced 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 74.4% inflationary increase is applied to the most recent sale price for 3 PEARL DRIVE of £141,000 on 2nd September 2011. For the value to have increased from £141,000 to £245,852 over the fourteen years and two months to July 2025, the following assumptions must hold true:

• The value of 3 PEARL DRIVE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The September 2011 sale price of £141,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PEARL DRIVE has not materially changed since September 2011.

How Large is 3 PEARL DRIVE?

3 PEARL DRIVE is 54m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of terraced houses houses in Braintree, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Braintree, and where 3 PEARL DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 3 PEARL DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Braintree.

3 PEARL DRIVE: Plot and Title Map

3 PEARL DRIVE sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 3 PEARL 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 PEARL 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 PEARL DRIVE?

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