7, PARK DRIVE, INGATESTONE, CM4 9DT - £885,000

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

7 PARK DRIVE is a large extended detached house of 161m², built sometime between 1950 and 1966. It was last sold for £885,000 in June 2019, which was around 18% above the average June 2019 detached price in the Brentwood local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

7 PARK DRIVE Sold Prices

Land registry data shows two sales for 7 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 Brentwood local authority area for the corresponding sale date. One of the two 7 PARK DRIVE sales was for above the average price, whilst the other was 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
2019 20 JUN	£885,000	£748,765	18% above HPI
2013 9 OCT	£410,000	£518,345	21% below HPI

7 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The two 7 PARK DRIVE sales from October 2013 and June 2019 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 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2019 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 7 PARK DRIVE?

7 PARK DRIVE is 161m², which includes four extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 40% of detached houses in Ingatestone, based on EPC data. The below chart shows the distribution of detached houses by size in Ingatestone, and where 7 PARK DRIVE lies on this distribution: 64% of detached houses are smaller than 7 PARK DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Ingatestone.

7 PARK DRIVE: Plot and Title Map

7 PARK DRIVE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 7 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 7 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 7 PARK DRIVE?

7 PARK DRIVE is located in INGATESTONE, in the CM4 postcode district. The below map shows the position of No. 7 on PARK DRIVE.