3, WATERMILL ROAD, FEERING, COLCHESTER, CO5 9SR - £390,000

3 WATERMILL ROAD is a small detached house of 102m², built sometime between 1983 and 1990. It was last sold for £390,000 in August 2019, which was around 17% below the average August 2019 detached price in the Braintree local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

3 WATERMILL ROAD Sold Prices

Land registry data shows two sales for 3 WATERMILL ROAD 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 WATERMILL ROAD 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 28 AUG	£390,000	£467,779	17% below HPI
2016 11 OCT	£340,000	£432,956	21% below HPI

3 WATERMILL ROAD 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 WATERMILL ROAD sales from October 2016 and August 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 October 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 WATERMILL ROAD?

3 WATERMILL ROAD is 102m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Feering, based on EPC data. The below chart shows the distribution of detached houses by size in Feering, and where 3 WATERMILL ROAD lies on this distribution: 26% of detached houses are smaller than 3 WATERMILL ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Feering.

3 WATERMILL ROAD: Plot and Title Map

3 WATERMILL ROAD sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 WATERMILL ROAD, 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 WATERMILL ROAD). 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 WATERMILL ROAD?

3 WATERMILL ROAD is located in FEERING, in the CO5 postcode district. The below map shows the position of No. 3 on WATERMILL ROAD.