8, THE DRIVE, HARLOW, CM20 3QD - £445,000

8 THE DRIVE is a very small semi-detached house of 80m², built sometime between 1950 and 1966. It was last sold for £445,000 in May 2019, which was around 15% below the average May 2019 detached price in the Harlow local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

8 THE DRIVE Sold Prices

Land registry data shows two sales for 8 THE 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 Harlow local authority area for the corresponding sale date. Both of the two 8 THE 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
2019 2 MAY	£445,000	£525,852	15% below HPI
2017 4 SEP	£415,000	£547,930	24% below HPI

8 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 two 8 THE DRIVE sales from September 2017 and May 2019 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 September 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 THE DRIVE?

8 THE DRIVE is 80m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Harlow, based on EPC data. The below chart shows the distribution of detached houses by size in Harlow, and where 8 THE DRIVE lies on this distribution: 8% of detached houses are smaller than 8 THE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Harlow.

8 THE DRIVE: Plot and Title Map

8 THE DRIVE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 8 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 8 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 8 THE DRIVE?

8 THE DRIVE is located in HARLOW, in the CM20 postcode district. The below map shows the position of No. 8 on THE DRIVE.