34, STONE PATH DRIVE, HATFIELD PEVEREL, CHELMSFORD, CM3 2LG - £265,000

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.

34 STONE PATH DRIVE is a very small semi-detached house of 62m², built sometime between 1983 and 1990, which could now be worth an estimated £318,042. It was last sold for £265,000 in July 2017, which was around 5% below the average July 2017 semi-detached price in the Braintree local authority area. The most recent EPC inspection was March 2017, where the current energy rating was F, and the potential energy rating was B.

34 STONE PATH DRIVE Sold Prices

Land registry data shows two sales for 34 STONE PATH 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 34 STONE PATH 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
2017 12 JUL	£265,000	£280,372	5% below HPI
1997 10 OCT	£65,000	£61,194	6% above HPI

34 STONE PATH 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 34 STONE PATH DRIVE sales from October 1997 and July 2017 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 October 1997 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 34 STONE PATH DRIVE be worth now?

34 STONE PATH DRIVE might now be worth an estimated £318,042.

This is based on house price inflation of 20%, between July 2017 and February 2025, 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 20% inflationary increase is applied to the most recent sale price for 34 STONE PATH DRIVE of £265,000 on 12th July 2017. For the value to have increased from £265,000 to £318,042 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 34 STONE PATH DRIVE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The July 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 34 STONE PATH DRIVE has not materially changed since July 2017.

How Large is 34 STONE PATH DRIVE?

34 STONE PATH DRIVE is 62m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of semi-detached houses houses in Hatfield Peverel, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hatfield Peverel, and where 34 STONE PATH DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 34 STONE PATH DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Hatfield Peverel.

34 STONE PATH DRIVE: Plot and Title Map

34 STONE PATH DRIVE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 34 STONE PATH 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 34 STONE PATH 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 34 STONE PATH DRIVE?

34 STONE PATH DRIVE is located in HATFIELD PEVEREL, in the CM3 postcode district. The below map shows the position of No. 34 on STONE PATH DRIVE.