2, MILLSTONE GREEN, COPFORD, COLCHESTER, CO6 1FJ - £800,000

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 MILLSTONE GREEN is a very large detached house of 262m², built in 2013, which could now be worth an estimated £910,547. It was last sold for £800,000 in September 2018, which was around 81% above the average September 2018 detached price in the Colchester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was B.

2 MILLSTONE GREEN Sold Prices

Land registry data shows two sales for 2 MILLSTONE GREEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 2 MILLSTONE GREEN sales were 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
2018 7 SEP	£800,000	£441,789	81% above HPI
2015 10 APR	£720,000	£346,427	108% above HPI

2 MILLSTONE GREEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 2 MILLSTONE GREEN sales from April 2015 and September 2018 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 2015 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the September 2018 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 2 MILLSTONE GREEN be worth now?

2 MILLSTONE GREEN might now be worth an estimated £910,547.

This is based on house price inflation of 13.8%, between September 2018 and May 2026, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.8% inflationary increase is applied to the most recent sale price for 2 MILLSTONE GREEN of £800,000 on 7th September 2018. For the value to have increased from £800,000 to £910,547 over the eight years and four months to May 2026, the following assumptions must hold true:

• The value of 2 MILLSTONE GREEN has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2018 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILLSTONE GREEN has not materially changed since September 2018.

How Large is 2 MILLSTONE GREEN?

2 MILLSTONE GREEN is 262m² according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses houses in Copford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Copford, and where 2 MILLSTONE GREEN lies on this distribution: 93% of detached houses houses are smaller than 2 MILLSTONE GREEN, and 6% of houses are larger. Note that EPC data is not available for all properties in Copford.

2 MILLSTONE GREEN: Plot and Title Map

2 MILLSTONE GREEN sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 2 MILLSTONE GREEN, 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 2 MILLSTONE GREEN). 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 2 MILLSTONE GREEN?

2 MILLSTONE GREEN is located in COPFORD, in the CO6 postcode district. The below map shows the position of No. 2 on MILLSTONE GREEN.