16, TEAL WAY, KELVEDON, COLCHESTER, CO5 9PP - £475,000

16 TEAL WAY is a large extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £475,000 in May 2023, which was around 13% below the average May 2023 detached price in the Braintree local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

16 TEAL WAY Sold Prices

Land registry data shows two sales for 16 TEAL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 16 TEAL WAY 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
2023 22 MAY	£475,000	£545,105	13% below HPI
2009 17 APR	£245,000	£263,784	7% below HPI

16 TEAL WAY 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 two 16 TEAL WAY sales from April 2009 and May 2023 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 April 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 16 TEAL WAY?

16 TEAL WAY is 125m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% of detached houses in Kelvedon, based on EPC data. The below chart shows the distribution of detached houses by size in Kelvedon, and where 16 TEAL WAY lies on this distribution: 61% of detached houses are smaller than 16 TEAL WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Kelvedon.

16 TEAL WAY: Plot and Title Map

16 TEAL WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 16 TEAL WAY, 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 16 TEAL WAY). 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 16 TEAL WAY?

16 TEAL WAY is located in KELVEDON, in the CO5 postcode district. The below map shows the position of No. 16 on TEAL WAY.