3, ASHWELLS MEADOW, EARLS COLNE, COLCHESTER, CO6 2RF - £370,000

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.

3 ASHWELLS MEADOW is a midsized extended detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £461,983. It was last sold for £370,000 in August 2016, which was around 18% below the average August 2016 detached price in the Braintree local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

3 ASHWELLS MEADOW Sold Prices

Land registry data shows two sales for 3 ASHWELLS MEADOW 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 3 ASHWELLS MEADOW 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
2016 8 AUG	£370,000	£452,562	18% below HPI
2005 28 JUN	£260,000	£287,638	10% below HPI

3 ASHWELLS MEADOW 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 3 ASHWELLS MEADOW sales from June 2005 and August 2016 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 June 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 ASHWELLS MEADOW be worth now?

3 ASHWELLS MEADOW might now be worth an estimated £461,983.

This is based on house price inflation of 24.9%, between August 2016 and March 2025, for detached 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 24.9% inflationary increase is applied to the most recent sale price for 3 ASHWELLS MEADOW of £370,000 on 8th August 2016. For the value to have increased from £370,000 to £461,983 over the nine years and five months to March 2025, the following assumptions must hold true:

• The value of 3 ASHWELLS MEADOW has moved in line with the HPI for detached houses in the Braintree local authority area.
• The August 2016 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ASHWELLS MEADOW has not materially changed since August 2016.

How Large is 3 ASHWELLS MEADOW?

3 ASHWELLS MEADOW is 102m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses houses in Earls Colne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Earls Colne, and where 3 ASHWELLS MEADOW lies on this distribution: 43% of detached houses houses are smaller than 3 ASHWELLS MEADOW, and 55% of houses are larger. Note that EPC data is not available for all properties in Earls Colne.

3 ASHWELLS MEADOW: Plot and Title Map

3 ASHWELLS MEADOW sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 3 ASHWELLS MEADOW, 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 3 ASHWELLS MEADOW). 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 3 ASHWELLS MEADOW?

3 ASHWELLS MEADOW is located in EARLS COLNE, in the CO6 postcode district. The below map shows the position of No. 3 on ASHWELLS MEADOW.