140, MILL BRIDGE, HALSTEAD, CO9 2TD - £150,000

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.

140 MILL BRIDGE is a very small terraced house of 47m², built sometime between 1983 and 1990, which could now be worth an estimated £174,059. It was last sold for £150,000 in May 2019, which was around 34% below the average May 2019 terraced price in the Braintree local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was C.

140 MILL BRIDGE Sold Prices

Land registry data shows three sales for 140 MILL BRIDGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the three 140 MILL BRIDGE 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 7 MAY	£150,000	£226,771	34% below HPI
2016 21 SEP	£124,000	£212,389	42% below HPI
2003 7 FEB	£81,000	£111,471	27% below HPI

140 MILL BRIDGE 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 three 140 MILL BRIDGE sales between February 2003 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 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2019 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 140 MILL BRIDGE be worth now?

140 MILL BRIDGE might now be worth an estimated £174,059.

This is based on house price inflation of 16%, between May 2019 and April 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 16% inflationary increase is applied to the most recent sale price for 140 MILL BRIDGE of £150,000 on 7th May 2019. For the value to have increased from £150,000 to £174,059 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 140 MILL BRIDGE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The May 2019 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 140 MILL BRIDGE has not materially changed since May 2019.

How Large is 140 MILL BRIDGE?

140 MILL BRIDGE is 47m² according to the EPC inspection conducted in August 2015. 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 140 MILL BRIDGE lies on this distribution: Less than 1% of terraced houses houses are smaller than 140 MILL BRIDGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Halstead.

140 MILL BRIDGE: Plot and Title Map

140 MILL BRIDGE sits on a plot of roughly 1.6 acres, or 6,622m². The below map shows the location of 140 MILL BRIDGE, 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 140 MILL BRIDGE). 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 140 MILL BRIDGE?

140 MILL BRIDGE is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 140 on MILL BRIDGE.