9, PARK DRIVE, BRAINTREE, CM7 1AP - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 PARK DRIVE is a small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £280,000 in October 2020, which was around 45% below the average October 2020 detached price in the Braintree local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

9 PARK DRIVE Sold Prices

Land registry data shows three sales for 9 PARK 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 9 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
2020 9 OCT	£280,000	£509,661	45% below HPI
2007 5 JAN	£150,500	£314,074	52% below HPI
2001 7 SEP	£72,000	£183,958	61% below HPI

9 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 three 9 PARK DRIVE sales between September 2001 and October 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 January 2007 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the October 2020 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 9 PARK DRIVE be worth now?

9 PARK DRIVE might now be worth an estimated £317,794.

This is based on house price inflation of 13.5%, between October 2020 and December 2024, 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 13.5% inflationary increase is applied to the most recent sale price for 9 PARK DRIVE of £280,000 on 9th October 2020. For the value to have increased from £280,000 to £317,794 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 9 PARK DRIVE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PARK DRIVE has not materially changed since October 2020.

How Large is 9 PARK DRIVE?

9 PARK DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% 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 9 PARK DRIVE lies on this distribution: 21% of detached houses houses are smaller than 9 PARK DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Braintree.

9 PARK DRIVE: Plot and Title Map

9 PARK DRIVE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 9 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 9 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 9 PARK DRIVE?

9 PARK DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 9 on PARK DRIVE.