34, DRAKE GARDENS, BRAINTREE, CM7 9TB - £160,000

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

34 DRAKE GARDENS is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £160,000 in March 2011, which was around 48% below the average March 2011 detached price in the Braintree local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

34 DRAKE GARDENS Sold Prices

Land registry data shows two sales for 34 DRAKE GARDENS 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 34 DRAKE GARDENS 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 18 MAR	£160,000	£304,951	48% below HPI
2001 30 AUG	£115,500	£174,737	34% below HPI

34 DRAKE GARDENS 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 34 DRAKE GARDENS sales from August 2001 and March 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 August 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2011 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 34 DRAKE GARDENS?

34 DRAKE GARDENS is 113m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 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 34 DRAKE GARDENS lies on this distribution: 53% of detached houses are smaller than 34 DRAKE GARDENS, and 46% of houses are larger. Note that EPC data is not available for all properties in Braintree.

34 DRAKE GARDENS: Plot and Title Map

34 DRAKE GARDENS sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 34 DRAKE GARDENS, 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 34 DRAKE GARDENS). 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 34 DRAKE GARDENS?

34 DRAKE GARDENS is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 34 on DRAKE GARDENS.