2, PARK DRIVE, INGATESTONE, CM4 9DT - £175,000

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.

2 PARK DRIVE is a detached house, which could now be worth an estimated £925,411. It was last sold for £175,000 in October 1997, which was around 8% below the average October 1997 detached price in the Brentwood local authority area.

2 PARK DRIVE Sold Prices

Land registry data shows two sales for 2 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 Brentwood local authority area for the corresponding sale date. Both of the two 2 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
1997 13 OCT	£175,000	£190,930	8% below HPI
1996 31 MAY	£155,000	£162,460	5% below HPI

What might 2 PARK DRIVE be worth now?

2 PARK DRIVE might now be worth an estimated £925,411.

This is based on house price inflation of 428.8%, between October 1997 and May 2026, for detached houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 428.8% inflationary increase is applied to the most recent sale price for 2 PARK DRIVE of £175,000 on 13th October 1997. For the value to have increased from £175,000 to £925,411 over the 29 years and five months to May 2026, the following assumptions must hold true:

• The value of 2 PARK DRIVE has moved in line with the HPI for detached houses in the Brentwood local authority area.
• The October 1997 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK DRIVE has not materially changed since October 1997.

Where is 2 PARK DRIVE?

2 PARK DRIVE is located in INGATESTONE, in the CM4 postcode district.