8, BOTANY DRIVE, BRAINTREE, CM7 3RW - £274,000

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.

8 BOTANY DRIVE is a very small semi-detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £325,609. It was last sold for £274,000 in September 2017, which was around 2% below the average September 2017 semi-detached price in the Braintree local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

8 BOTANY DRIVE Sold Prices

Land registry data shows four sales for 8 BOTANY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Most of the four 8 BOTANY 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
2017 22 SEP	£274,000	£280,116	2% below HPI
2007 18 JAN	£202,000	£189,950	6% above HPI
2003 31 JUL	£170,000	£148,854	14% above HPI
2001 29 JUN	£115,950	£98,564	18% above HPI

8 BOTANY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The four 8 BOTANY DRIVE sales between June 2001 and September 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 January 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 8 BOTANY DRIVE be worth now?

8 BOTANY DRIVE might now be worth an estimated £325,609.

This is based on house price inflation of 18.8%, between September 2017 and May 2026, for semi-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 18.8% inflationary increase is applied to the most recent sale price for 8 BOTANY DRIVE of £274,000 on 22nd September 2017. For the value to have increased from £274,000 to £325,609 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 8 BOTANY DRIVE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The September 2017 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BOTANY DRIVE has not materially changed since September 2017.

How Large is 8 BOTANY DRIVE?

8 BOTANY DRIVE is 71m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of semi-detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Braintree, and where 8 BOTANY DRIVE lies on this distribution: 7% of semi-detached houses houses are smaller than 8 BOTANY DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Braintree.

8 BOTANY DRIVE: Plot and Title Map

8 BOTANY DRIVE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 8 BOTANY 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 8 BOTANY 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 8 BOTANY DRIVE?

8 BOTANY DRIVE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 8 on BOTANY DRIVE.