8, HEREFORD DRIVE, BRAINTREE, CM7 9FX - £320,000

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

8 HEREFORD DRIVE is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £320,000 in June 2020, which was around 33% below the average June 2020 detached price in the Braintree local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

8 HEREFORD DRIVE Sold Prices

Land registry data shows three sales for 8 HEREFORD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 8 HEREFORD 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
2020 26 JUN	£320,000	£475,764	33% below HPI
2007 10 SEP	£236,500	£323,801	27% below HPI
2000 29 FEB	£95,995	£135,115	29% below HPI

8 HEREFORD 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 three 8 HEREFORD DRIVE sales between February 2000 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 September 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 HEREFORD DRIVE?

8 HEREFORD DRIVE is 83m² according to the EPC inspection conducted in March 2020. 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 8 HEREFORD DRIVE lies on this distribution: 17% of detached houses are smaller than 8 HEREFORD DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Braintree.

8 HEREFORD DRIVE: Plot and Title Map

8 HEREFORD DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 8 HEREFORD 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 8 HEREFORD 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 8 HEREFORD DRIVE?

8 HEREFORD DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 8 on HEREFORD DRIVE.