48, RANA DRIVE, BRAINTREE, CM7 2TD - £225,000

48 RANA DRIVE is a midsized detached house of 109m², built sometime between 1983 and 1990. It was last sold for £225,000 in December 2010, which was around 25% below the average December 2010 detached price in the Braintree local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

48 RANA DRIVE Sold Prices

Land registry data shows two sales for 48 RANA 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 48 RANA 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
2010 20 DEC	£225,000	£300,784	25% below HPI
2004 3 MAR	£193,000	£259,855	26% below HPI

48 RANA 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 48 RANA DRIVE sales from March 2004 and December 2010 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 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2010 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 48 RANA DRIVE?

48 RANA DRIVE is 109m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 50% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 48 RANA DRIVE lies on this distribution: 47% of detached houses are smaller than 48 RANA DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Braintree.

48 RANA DRIVE: Plot and Title Map

48 RANA DRIVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 48 RANA 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 48 RANA 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 48 RANA DRIVE?

48 RANA DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 48 on RANA DRIVE.