5, SHERINGHAM DRIVE, GREAT NOTLEY, BRAINTREE, CM77 7FY - £400,000

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

5 SHERINGHAM DRIVE is a very small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £400,000 in October 2022, which was around 27% below the average October 2022 detached price in the Braintree local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

5 SHERINGHAM DRIVE Sold Prices

Land registry data shows four sales for 5 SHERINGHAM 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. The four 5 SHERINGHAM DRIVE sales were a mix of below the average price, and roughly equal to 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
2022 4 OCT	£400,000	£549,494	27% below HPI
2012 29 OCT	£235,000	£309,486	24% below HPI
2005 1 APR	£223,000	£275,817	19% below HPI
2000 25 MAY	£140,000	£140,039	Close to HPI

5 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 four 5 SHERINGHAM DRIVE sales between May 2000 and October 2022 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 October 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 SHERINGHAM DRIVE?

5 SHERINGHAM DRIVE is 98m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Great Notley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Notley, and where 5 SHERINGHAM DRIVE lies on this distribution: 18% of detached houses are smaller than 5 SHERINGHAM DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Great Notley.

5 SHERINGHAM DRIVE: Plot and Title Map

5 SHERINGHAM DRIVE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 5 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 5 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 5 SHERINGHAM DRIVE?

5 SHERINGHAM DRIVE is located in GREAT NOTLEY, in the CM77 postcode district. The below map shows the position of No. 5 on SHERINGHAM DRIVE.