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

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.

57 PARK DRIVE is a very small detached house of 76m², built sometime between 1930 and 1949, which could now be worth an estimated £378,297. It was last sold for £302,500 in December 2016, which was around 34% 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	£461,811	34% below HPI
2002 17 JUN	£115,000	£212,793	46% 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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2016 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 57 PARK DRIVE be worth now?

57 PARK DRIVE might now be worth an estimated £378,297.

This is based on house price inflation of 25.1%, between December 2016 and February 2025, 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 25.1% inflationary increase is applied to the most recent sale price for 57 PARK DRIVE of £302,500 on 9th December 2016. For the value to have increased from £302,500 to £378,297 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 57 PARK DRIVE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The December 2016 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of 57 PARK DRIVE has not materially changed since December 2016.

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 houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 57 PARK DRIVE lies on this distribution: 11% of detached houses 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.