2, POSTMILL DRIVE, BRAINTREE, CM7 9GP - £210,000

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.

2 POSTMILL DRIVE is a very small semi-detached house of 43m², which could now be worth an estimated £280,647. It was last sold for £210,000 in January 2016, which was around 14% below the average January 2016 semi-detached price in the Braintree local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was B.

2 POSTMILL DRIVE Sold Prices

Land registry data shows two sales for 2 POSTMILL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. One of the two 2 POSTMILL DRIVE sales was for below the average price, whilst the other was 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
2016 7 JAN	£210,000	£244,959	14% below HPI
2010 28 MAY	£190,000	£185,281	3% above HPI

2 POSTMILL DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The two 2 POSTMILL DRIVE sales from May 2010 and January 2016 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 May 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 POSTMILL DRIVE be worth now?

2 POSTMILL DRIVE might now be worth an estimated £280,647.

This is based on house price inflation of 33.6%, between January 2016 and April 2026, for semi-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 33.6% inflationary increase is applied to the most recent sale price for 2 POSTMILL DRIVE of £210,000 on 7th January 2016. For the value to have increased from £210,000 to £280,647 over the nine years and nine months to April 2026, the following assumptions must hold true:

• The value of 2 POSTMILL DRIVE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The January 2016 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 POSTMILL DRIVE has not materially changed since January 2016.

How Large is 2 POSTMILL DRIVE?

2 POSTMILL DRIVE is 43m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of semi-detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Braintree, and where 2 POSTMILL DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 2 POSTMILL DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Braintree.

2 POSTMILL DRIVE: Plot and Title Map

2 POSTMILL DRIVE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 2 POSTMILL 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 2 POSTMILL 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 2 POSTMILL DRIVE?

2 POSTMILL DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 2 on POSTMILL DRIVE.