41, PEARL DRIVE, BRAINTREE, CM7 3RR - £455,000

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

41 PEARL DRIVE is a very large detached house of 174m², built sometime between 1996 and 2002. It was last sold for £455,000 in March 2021, which was around 8% below the average March 2021 detached price in the Braintree local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was C.

41 PEARL DRIVE Sold Prices

Land registry data shows four sales for 41 PEARL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. two of the four 41 PEARL DRIVE sales were for below the average price, and four 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
2021 31 MAR	£455,000	£493,491	8% below HPI
2014 25 JUL	£302,000	£369,077	18% below HPI
2004 25 AUG	£305,000	£291,108	5% above HPI
2002 20 DEC	£262,500	£247,817	6% above HPI

41 PEARL 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 four 41 PEARL DRIVE sales between December 2002 and March 2021 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 July 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 41 PEARL DRIVE be worth now?

41 PEARL DRIVE might now be worth an estimated £533,337.

This is based on house price inflation of 17.2%, between March 2021 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 17.2% inflationary increase is applied to the most recent sale price for 41 PEARL DRIVE of £455,000 on 31st March 2021. For the value to have increased from £455,000 to £533,337 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 41 PEARL DRIVE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2021 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 41 PEARL DRIVE has not materially changed since March 2021.

How Large is 41 PEARL DRIVE?

41 PEARL DRIVE is 174m² according to the EPC inspection conducted in December 2018. This puts it in the largest 10% 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 41 PEARL DRIVE lies on this distribution: 92% of detached houses houses are smaller than 41 PEARL DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Braintree.

41 PEARL DRIVE: Plot and Title Map

41 PEARL DRIVE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 41 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 41 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 41 PEARL DRIVE?

41 PEARL DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 41 on PEARL DRIVE.