31, WELL FIELD, HALSTEAD, CO9 1JB - £270,000

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.

31 WELL FIELD is a very small terraced house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £284,421. It was last sold for £270,000 in January 2022, which was around 7% above the average January 2022 terraced price in the Braintree local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

31 WELL FIELD Sold Prices

Land registry data shows five sales for 31 WELL FIELD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. The five 31 WELL FIELD sales were a mix of above the average price, roughly equal to the average price, and 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
2022 21 JAN	£270,000	£252,806	7% above HPI
2017 28 APR	£221,500	£218,113	2% above HPI
2013 10 DEC	£163,750	£163,782	Close to HPI
2012 27 JUL	£155,000	£157,530	2% below HPI
1998 5 JUN	£55,000	£51,890	6% above HPI

31 WELL FIELD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The five 31 WELL FIELD sales between June 1998 and January 2022 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 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 31 WELL FIELD be worth now?

31 WELL FIELD might now be worth an estimated £284,421.

This is based on house price inflation of 5.3%, between January 2022 and May 2026, for terraced 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 5.3% inflationary increase is applied to the most recent sale price for 31 WELL FIELD of £270,000 on 21st January 2022. For the value to have increased from £270,000 to £284,421 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 31 WELL FIELD has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The January 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 31 WELL FIELD has not materially changed since January 2022.

How Large is 31 WELL FIELD?

31 WELL FIELD is 61m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of terraced houses houses in Halstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halstead, and where 31 WELL FIELD lies on this distribution: 5% of terraced houses houses are smaller than 31 WELL FIELD, and 95% of houses are larger. Note that EPC data is not available for all properties in Halstead.

31 WELL FIELD: Plot and Title Map

31 WELL FIELD sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 31 WELL FIELD, 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 31 WELL FIELD). 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 31 WELL FIELD?

31 WELL FIELD is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 31 on WELL FIELD.