PARKFIELD, BRADFORD STREET, BRAINTREE, CM7 9AS - £560,000

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

PARKFIELD is a very large extended detached house of 207m², built sometime between 1950 and 1966. It was last sold for £560,000 in February 2021, which was around 17% above the average February 2021 detached price in the Braintree local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

PARKFIELD Sold Prices

Land registry data shows three sales for PARKFIELD 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 PARKFIELD 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 25 FEB	£560,000	£478,397	17% above HPI
2000 15 DEC	£190,000	£159,310	19% above HPI
1998 11 DEC	£145,000	£114,920	26% above HPI

PARKFIELD 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 PARKFIELD sales between December 1998 and February 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 December 2000 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is PARKFIELD?

PARKFIELD is 207m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where PARKFIELD lies on this distribution: 97% of detached houses are smaller than PARKFIELD, and 3% of houses are larger. Note that EPC data is not available for all properties in Braintree.

PARKFIELD: Plot and Title Map

PARKFIELD sits on a plot of roughly 0.281 of an acre, or 1,138m². The below map shows the location of PARKFIELD, 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 PARKFIELD). 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 PARKFIELD?

PARKFIELD is located on BRADFORD STREET in BRAINTREE, in the CM7 postcode district. The below map shows the position of PARKFIELD on BRADFORD STREET.