11, PARK DRIVE, BRAINTREE, CM7 1AP - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 PARK DRIVE is a very small extended terraced house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £300,301. It was last sold for £300,000 in May 2024, which was around 13% above the average May 2024 terraced price in the Braintree local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

11 PARK DRIVE Sold Prices

Land registry data shows three sales for 11 PARK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the three 11 PARK 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
2024 24 MAY	£300,000	£266,042	13% above HPI
2020 30 SEP	£257,500	£233,024	11% above HPI
2007 19 APR	£170,000	£159,225	7% above HPI

11 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The three 11 PARK DRIVE sales between April 2007 and May 2024 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 2020 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2024 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 11 PARK DRIVE be worth now?

11 PARK DRIVE might now be worth an estimated £300,301.

This is based on house price inflation of 0.1%, between May 2024 and May 2026, for terraced 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 0.1% inflationary increase is applied to the most recent sale price for 11 PARK DRIVE of £300,000 on 24th May 2024. For the value to have increased from £300,000 to £300,301 over the two years to May 2026, the following assumptions must hold true:

• The value of 11 PARK DRIVE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The May 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PARK DRIVE has not materially changed since May 2024.

How Large is 11 PARK DRIVE?

11 PARK DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of terraced houses houses in Braintree, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Braintree, and where 11 PARK DRIVE lies on this distribution: 16% of terraced houses houses are smaller than 11 PARK DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Braintree.

11 PARK DRIVE: Plot and Title Map

11 PARK DRIVE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 11 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 11 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 11 PARK DRIVE?

11 PARK DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 11 on PARK DRIVE.