7, THE DRIVE, HARLOW, CM20 3QD - £640,000

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 THE DRIVE is a very large extended detached house of 169m², built sometime between 1930 and 1949. It was last sold for £640,000 in June 2020, which was around 17% above the average June 2020 detached price in the Harlow local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

7 THE DRIVE Sold Prices

Land registry data shows four sales for 7 THE 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 Harlow local authority area for the corresponding sale date. All of the four 7 THE DRIVE sales were for above 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
2020 15 JUN	£640,000	£547,476	17% above HPI
2015 24 FEB	£498,000	£402,205	24% above HPI
2011 10 FEB	£400,000	£323,607	24% above HPI
2001 23 FEB	£295,000	£188,467	57% above HPI

7 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harlow local authority area over time, sourced from the HPI. The four 7 THE DRIVE sales between February 2001 and June 2020 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 February 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2020 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 7 THE DRIVE?

7 THE DRIVE is 169m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses in Harlow, based on EPC data. The below chart shows the distribution of detached houses by size in Harlow, and where 7 THE DRIVE lies on this distribution: 86% of detached houses are smaller than 7 THE DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Harlow.

7 THE DRIVE: Plot and Title Map

7 THE DRIVE sits on a plot of roughly 0.253 of an acre, or 1,023m². The below map shows the location of 7 THE 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 THE 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 THE DRIVE?

7 THE DRIVE is located in HARLOW, in the CM20 postcode district. The below map shows the position of No. 7 on THE DRIVE.