12, LARKS RISE, HALSTEAD, CO9 2HB - £145,000

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.

12 LARKS RISE is a very small terraced house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £240,276. It was last sold for £145,000 in August 2008, which was around 10% below the average August 2008 terraced price in the Braintree local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

12 LARKS RISE Sold Prices

Land registry data shows two sales for 12 LARKS RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. One of the two 12 LARKS RISE sales was for below the average price, whilst the other was 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
2008 22 AUG	£145,000	£160,710	10% below HPI
2001 21 SEP	£89,995	£78,441	15% above HPI

12 LARKS RISE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The two 12 LARKS RISE sales from September 2001 and August 2008 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 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2008 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 12 LARKS RISE be worth now?

12 LARKS RISE might now be worth an estimated £240,276.

This is based on house price inflation of 65.7%, between August 2008 and May 2026, for terraced 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 65.7% inflationary increase is applied to the most recent sale price for 12 LARKS RISE of £145,000 on 22nd August 2008. For the value to have increased from £145,000 to £240,276 over the eighteen years and three months to May 2026, the following assumptions must hold true:

• The value of 12 LARKS RISE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The August 2008 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LARKS RISE has not materially changed since August 2008.

How Large is 12 LARKS RISE?

12 LARKS RISE is 56m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of terraced houses houses in Halstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halstead, and where 12 LARKS RISE lies on this distribution: 2% of terraced houses houses are smaller than 12 LARKS RISE, and 98% of houses are larger. Note that EPC data is not available for all properties in Halstead.

12 LARKS RISE: Plot and Title Map

12 LARKS RISE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 12 LARKS RISE, 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 12 LARKS RISE). 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 12 LARKS RISE?

12 LARKS RISE is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 12 on LARKS RISE.