3, SHERINGHAM DRIVE, GREAT NOTLEY, BRAINTREE, CM77 7FY - £399,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 SHERINGHAM DRIVE is a large detached house of 164m², built sometime between 2003 and 2006, which could now be worth an estimated £833,831. It was last sold for £399,000 in June 2009, which was around 44% above the average June 2009 detached price in the Braintree local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

3 SHERINGHAM DRIVE Sold Prices

Land registry data shows two sales for 3 SHERINGHAM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 3 SHERINGHAM DRIVE sales 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
2009 5 JUN	£399,000	£276,799	44% above HPI
2006 18 AUG	£415,000	£310,215	34% above HPI

3 SHERINGHAM 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 two 3 SHERINGHAM DRIVE sales from August 2006 and June 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 August 2006 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2009 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 3 SHERINGHAM DRIVE be worth now?

3 SHERINGHAM DRIVE might now be worth an estimated £833,831.

This is based on house price inflation of 109%, between June 2009 and December 2024, 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 109% inflationary increase is applied to the most recent sale price for 3 SHERINGHAM DRIVE of £399,000 on 5th June 2009. For the value to have increased from £399,000 to £833,831 over the fourteen years and six months to December 2024, the following assumptions must hold true:

• The value of 3 SHERINGHAM DRIVE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2009 sale price of £399,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHERINGHAM DRIVE has not materially changed since June 2009.

How Large is 3 SHERINGHAM DRIVE?

3 SHERINGHAM DRIVE is 164m² according to the EPC inspection conducted in March 2009. This puts it in the largest 30% of detached houses houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Notley, and where 3 SHERINGHAM DRIVE lies on this distribution: 78% of detached houses houses are smaller than 3 SHERINGHAM DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

3 SHERINGHAM DRIVE: Plot and Title Map

3 SHERINGHAM DRIVE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 3 SHERINGHAM 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 SHERINGHAM 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 SHERINGHAM DRIVE?

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