4, DRAKE GARDENS, BRAINTREE, CM7 9TB - £278,000

4 DRAKE GARDENS is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £278,000 in October 2017, which was around 40% below the average October 2017 detached price in the Braintree local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

4 DRAKE GARDENS Sold Prices

Land registry data shows three sales for 4 DRAKE GARDENS 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 4 DRAKE GARDENS sales were for below 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 18 OCT	£278,000	£462,333	40% below HPI
2008 14 MAR	£177,000	£327,020	46% below HPI
2001 16 JUL	£87,000	£172,532	50% below HPI

4 DRAKE GARDENS 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 DRAKE GARDENS sales between July 2001 and October 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 March 2008 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2017 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 4 DRAKE GARDENS?

4 DRAKE GARDENS is 83m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 4 DRAKE GARDENS lies on this distribution: 17% of detached houses are smaller than 4 DRAKE GARDENS, and 81% of houses are larger. Note that EPC data is not available for all properties in Braintree.

4 DRAKE GARDENS: Plot and Title Map

4 DRAKE GARDENS sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 4 DRAKE GARDENS, 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 DRAKE GARDENS). 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 DRAKE GARDENS?

4 DRAKE GARDENS is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 4 on DRAKE GARDENS.