8, PARK WAY, SHENFIELD, BRENTWOOD, CM15 8LH - £1,050,000

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 PARK WAY is a large extended detached house of 169m², built sometime between 1950 and 1966. It was last sold for £1,050,000 in September 2021, which was around 29% above the average September 2021 detached price in the Brentwood local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was C.

8 PARK WAY Sold Prices

Land registry data shows four sales for 8 PARK WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. All of the four 8 PARK WAY 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
2021 14 SEP	£1,050,000	£811,113	29% above HPI
2002 19 JUL	£400,000	£315,146	27% above HPI
1998 26 AUG	£272,500	£196,169	39% above HPI
1996 4 DEC	£225,000	£150,257	50% above HPI

8 PARK WAY 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 four 8 PARK WAY sales between December 1996 and September 2021 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 July 2002 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 8 PARK WAY?

8 PARK WAY is 169m², which includes three extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 40% of detached houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses by size in Brentwood, and where 8 PARK WAY lies on this distribution: 66% of detached houses are smaller than 8 PARK WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

8 PARK WAY: Plot and Title Map

8 PARK WAY sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 8 PARK WAY, 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 PARK WAY). 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 PARK WAY?

8 PARK WAY is located in SHENFIELD, in the CM15 postcode district. The below map shows the position of No. 8 on PARK WAY.