40, PARK DRIVE, BRAINTREE, CM7 1AW - £233,500

40 PARK DRIVE is a very large extended detached house of 149m², built sometime between 1930 and 1949. It was last sold for £233,500 in July 2014, which was around 34% below the average July 2014 detached price in the Braintree local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

40 PARK DRIVE Sold Prices

Land registry data shows two sales for 40 PARK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 40 PARK DRIVE 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
2014 11 JUL	£233,500	£352,868	34% below HPI
2002 15 JUL	£140,000	£209,463	33% below HPI

40 PARK 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 two 40 PARK DRIVE sales from July 2002 and July 2014 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 July 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 40 PARK DRIVE?

40 PARK DRIVE is 149m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 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 40 PARK DRIVE lies on this distribution: 84% of detached houses are smaller than 40 PARK DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Braintree.

40 PARK DRIVE: Plot and Title Map

40 PARK DRIVE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 40 PARK 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 40 PARK 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 40 PARK DRIVE?

40 PARK DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 40 on PARK DRIVE.