4, BAYS DRIVE, HALSTEAD, CO9 2PQ - £490,000

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.

4 BAYS DRIVE is a very large detached house of 149m², built sometime between 1996 and 2002, which could now be worth an estimated £540,985. It was last sold for £490,000 in June 2020, which was around 2% below the average June 2020 detached price in the Braintree local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

4 BAYS DRIVE Sold Prices

Land registry data shows three sales for 4 BAYS 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. One of the three 4 BAYS DRIVE sales was for below the average price, whilst two 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
2020 12 JUN	£490,000	£497,618	2% below HPI
2006 24 APR	£325,000	£296,853	9% above HPI
2000 14 JUL	£180,000	£154,721	16% above HPI

4 BAYS 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 4 BAYS DRIVE sales between July 2000 and June 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 April 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 4 BAYS DRIVE be worth now?

4 BAYS DRIVE might now be worth an estimated £540,985.

This is based on house price inflation of 10.4%, between June 2020 and April 2026, 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 10.4% inflationary increase is applied to the most recent sale price for 4 BAYS DRIVE of £490,000 on 12th June 2020. For the value to have increased from £490,000 to £540,985 over the six years and two months to April 2026, the following assumptions must hold true:

• The value of 4 BAYS DRIVE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The June 2020 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BAYS DRIVE has not materially changed since June 2020.

How Large is 4 BAYS DRIVE?

4 BAYS DRIVE is 149m² according to the EPC inspection conducted in November 2018. This puts it in the largest 20% of detached houses houses in Halstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halstead, and where 4 BAYS DRIVE lies on this distribution: 89% of detached houses houses are smaller than 4 BAYS DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Halstead.

4 BAYS DRIVE: Plot and Title Map

4 BAYS DRIVE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 4 BAYS 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 4 BAYS 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 4 BAYS DRIVE?

4 BAYS DRIVE is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 4 on BAYS DRIVE.