57, PARK DRIVE, BRAINTREE, CM7 1AP - £302,500

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

57 PARK DRIVE is a very small detached house of 76m², built sometime between 1930 and 1949. It was last sold for £302,500 in December 2016, which was around 31% below the average December 2016 detached price in the Braintree local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

57 PARK DRIVE Sold Prices

Land registry data shows two sales for 57 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 57 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
2016 9 DEC	£302,500	£441,530	31% below HPI
2002 17 JUN	£115,000	£203,448	43% below HPI

57 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 57 PARK DRIVE sales from June 2002 and December 2016 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 June 2002 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2016 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 57 PARK DRIVE?

57 PARK DRIVE is 76m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 57 PARK DRIVE lies on this distribution: 11% of detached houses are smaller than 57 PARK DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Braintree.

57 PARK DRIVE: Plot and Title Map

57 PARK DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 57 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 57 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 57 PARK DRIVE?

57 PARK DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 57 on PARK DRIVE.