4, PARKLANDS, BRAINTREE, CM7 1TE - £271,500

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 PARKLANDS is a very small detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £302,341. It was last sold for £271,500 in December 2018, which was around 46% below the average December 2018 detached price in the Braintree local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

4 PARKLANDS Sold Prices

Land registry data shows five sales for 4 PARKLANDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the five 4 PARKLANDS 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
2018 11 DEC	£271,500	£504,253	46% below HPI
2011 18 OCT	£157,500	£325,030	52% below HPI
2007 19 OCT	£177,500	£338,174	48% below HPI
2004 12 MAR	£153,500	£271,791	44% below HPI
2000 29 FEB	£68,000	£141,322	52% below HPI

4 PARKLANDS 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 five 4 PARKLANDS sales between February 2000 and December 2018 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 2011 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the December 2018 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 4 PARKLANDS be worth now?

4 PARKLANDS might now be worth an estimated £302,341.

This is based on house price inflation of 11.4%, between December 2018 and October 2025, 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 11.4% inflationary increase is applied to the most recent sale price for 4 PARKLANDS of £271,500 on 11th December 2018. For the value to have increased from £271,500 to £302,341 over the seven years and two months to October 2025, the following assumptions must hold true:

• The value of 4 PARKLANDS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The December 2018 sale price of £271,500 represented a fair market value for the property.
• The size, condition, and specification of 4 PARKLANDS has not materially changed since December 2018.

How Large is 4 PARKLANDS?

4 PARKLANDS is 68m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 4 PARKLANDS lies on this distribution: 4% of detached houses houses are smaller than 4 PARKLANDS, and 96% of houses are larger. Note that EPC data is not available for all properties in Braintree.

4 PARKLANDS: Plot and Title Map

4 PARKLANDS sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 4 PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

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