7, THE DRIVE, HARLOW, CM20 3QD - £640,000

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.

7 THE DRIVE is a very large extended detached house of 169m², built sometime between 1930 and 1949, which could now be worth an estimated £684,923. It was last sold for £640,000 in June 2020, which was around 14% above the average June 2020 detached price in the Harlow local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

7 THE DRIVE Sold Prices

Land registry data shows four sales for 7 THE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harlow local authority area for the corresponding sale date. All of the four 7 THE DRIVE sales 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 15 JUN	£640,000	£559,715	14% above HPI
2015 24 FEB	£498,000	£411,196	21% above HPI
2011 10 FEB	£400,000	£330,841	21% above HPI
2001 23 FEB	£295,000	£192,680	53% above HPI

7 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harlow local authority area over time, sourced from the HPI. The four 7 THE DRIVE sales between February 2001 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 February 2015 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 7 THE DRIVE be worth now?

7 THE DRIVE might now be worth an estimated £684,923.

This is based on house price inflation of 7%, between June 2020 and February 2025, for detached houses, in the Harlow local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 7 THE DRIVE of £640,000 on 15th June 2020. For the value to have increased from £640,000 to £684,923 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 7 THE DRIVE has moved in line with the HPI for detached houses in the Harlow local authority area.
• The June 2020 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE DRIVE has not materially changed since June 2020.

How Large is 7 THE DRIVE?

7 THE DRIVE is 169m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses houses in Harlow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harlow, and where 7 THE DRIVE lies on this distribution: 86% of detached houses houses are smaller than 7 THE DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Harlow.

7 THE DRIVE: Plot and Title Map

7 THE DRIVE sits on a plot of roughly 0.253 of an acre, or 1,023m². The below map shows the location of 7 THE 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 7 THE 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 7 THE DRIVE?

7 THE DRIVE is located in HARLOW, in the CM20 postcode district. The below map shows the position of No. 7 on THE DRIVE.