1, ORCHARD CLOSE, RIDGEWELL, HALSTEAD, CO9 4SQ - £355,000

1 ORCHARD CLOSE is a small extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £355,000 in November 2019, which was around 23% below the average November 2019 detached price in the Braintree local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

1 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 1 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 1 ORCHARD CLOSE 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 21 NOV	£355,000	£463,440	23% below HPI
2003 2 DEC	£173,000	£254,923	32% below HPI
1995 3 JUL	£60,000	£92,256	35% below HPI

1 ORCHARD CLOSE 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 three 1 ORCHARD CLOSE sales between July 1995 and November 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 December 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses in Ridgewell, based on EPC data. The below chart shows the distribution of detached houses by size in Ridgewell, and where 1 ORCHARD CLOSE lies on this distribution: 21% of detached houses are smaller than 1 ORCHARD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Ridgewell.

1 ORCHARD CLOSE: Plot and Title Map

1 ORCHARD CLOSE sits on a plot of roughly 0.197 of an acre, or 798m². The below map shows the location of 1 ORCHARD CLOSE, 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 1 ORCHARD CLOSE). 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 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is located in RIDGEWELL, in the CO9 postcode district. The below map shows the position of No. 1 on ORCHARD CLOSE.