49, PARK DRIVE, BRAINTREE, CM7 1AP - £165,000

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

49 PARK DRIVE is a small detached house of 91m², built sometime between 1930 and 1949. It was last sold for £165,000 in November 2009, which was around 43% below the average November 2009 detached price in the Braintree local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

49 PARK DRIVE Sold Prices

Land registry data shows two sales for 49 PARK 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 49 PARK 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
2009 16 NOV	£165,000	£288,276	43% below HPI
2001 30 MAR	£84,000	£160,386	48% below HPI

49 PARK 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 49 PARK DRIVE sales from March 2001 and November 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 March 2001 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2009 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 49 PARK DRIVE?

49 PARK DRIVE is 91m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 30% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 49 PARK DRIVE lies on this distribution: 27% of detached houses are smaller than 49 PARK DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Braintree.

49 PARK DRIVE: Plot and Title Map

49 PARK DRIVE sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 49 PARK 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 49 PARK 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 49 PARK DRIVE?

49 PARK DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 49 on PARK DRIVE.