3, FOUNDRY LANE, EARLS COLNE, COLCHESTER, CO6 2SB - £602,500

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 FOUNDRY LANE is a very large extended semi-detached house of 205m², built sometime before 1900, which could now be worth an estimated £1,129,636. It was last sold for £602,500 in December 2009, which was around 236% above the average December 2009 semi-detached price in the Braintree local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was E.

3 FOUNDRY LANE Sold Prices

Land registry data shows two sales for 3 FOUNDRY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Both of the two 3 FOUNDRY LANE 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
2009 16 DEC	£602,500	£179,470	236% above HPI
2004 29 JUL	£395,000	£170,177	132% above HPI

3 FOUNDRY LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The two 3 FOUNDRY LANE sales from July 2004 and December 2009 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 July 2004 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the December 2009 sale, where it rises to 236% above the HPI. The line then continues to track at 236% above the HPI.

What might 3 FOUNDRY LANE be worth now?

3 FOUNDRY LANE might now be worth an estimated £1,129,636.

This is based on house price inflation of 87.5%, between December 2009 and February 2025, for semi-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 87.5% inflationary increase is applied to the most recent sale price for 3 FOUNDRY LANE of £602,500 on 16th December 2009. For the value to have increased from £602,500 to £1,129,636 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 FOUNDRY LANE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The December 2009 sale price of £602,500 represented a fair market value for the property.
• The size, condition, and specification of 3 FOUNDRY LANE has not materially changed since December 2009.

How Large is 3 FOUNDRY LANE?

3 FOUNDRY LANE is 205m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 10% of semi-detached houses houses in Earls Colne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Earls Colne, and where 3 FOUNDRY LANE lies on this distribution: 93% of semi-detached houses houses are smaller than 3 FOUNDRY LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Earls Colne.

3 FOUNDRY LANE: Plot and Title Map

3 FOUNDRY LANE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 3 FOUNDRY LANE, 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 FOUNDRY LANE). 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 FOUNDRY LANE?

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