38, ORCHARD DRIVE, BRAINTREE, CM7 1EQ - £307,500

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.

38 ORCHARD DRIVE is a midsized extended semi-detached house of 107m², built sometime between 1930 and 1949, which could now be worth an estimated £355,506. It was last sold for £307,500 in August 2020, which was around 6% above the average August 2020 semi-detached price in the Braintree local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

38 ORCHARD DRIVE Sold Prices

Land registry data shows four sales for 38 ORCHARD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the four 38 ORCHARD 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
2020 27 AUG	£307,500	£291,074	6% above HPI
2008 23 MAY	£240,000	£200,097	20% above HPI
2002 14 JUN	£127,500	£119,371	7% above HPI
1999 28 MAY	£79,995	£70,138	14% above HPI

38 ORCHARD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The four 38 ORCHARD DRIVE sales between May 1999 and August 2020 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 2008 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2020 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 38 ORCHARD DRIVE be worth now?

38 ORCHARD DRIVE might now be worth an estimated £355,506.

This is based on house price inflation of 15.6%, between August 2020 and July 2025, for semi-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 15.6% inflationary increase is applied to the most recent sale price for 38 ORCHARD DRIVE of £307,500 on 27th August 2020. For the value to have increased from £307,500 to £355,506 over the five years and one month to July 2025, the following assumptions must hold true:

• The value of 38 ORCHARD DRIVE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The August 2020 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 38 ORCHARD DRIVE has not materially changed since August 2020.

How Large is 38 ORCHARD DRIVE?

38 ORCHARD DRIVE is 107m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of semi-detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Braintree, and where 38 ORCHARD DRIVE lies on this distribution: 45% of semi-detached houses houses are smaller than 38 ORCHARD DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Braintree.

38 ORCHARD DRIVE: Plot and Title Map

38 ORCHARD DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 38 ORCHARD 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 38 ORCHARD 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 38 ORCHARD DRIVE?

38 ORCHARD DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 38 on ORCHARD DRIVE.