4, THE CEDARS, CHURCH ROAD, GOSFIELD, HALSTEAD, CO9 1UD - £301,000

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.

4 THE CEDARS is a midsized extended terraced house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £341,061. It was last sold for £301,000 in March 2021, which was around 26% above the average March 2021 terraced price in the Braintree local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was A.

4 THE CEDARS Sold Prices

Land registry data shows two sales for 4 THE CEDARS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. Both of the two 4 THE CEDARS 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
2021 1 MAR	£301,000	£238,781	26% above HPI
2013 22 NOV	£187,000	£162,041	15% above HPI

4 THE CEDARS 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 two 4 THE CEDARS sales from November 2013 and March 2021 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 November 2013 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 4 THE CEDARS be worth now?

4 THE CEDARS might now be worth an estimated £341,061.

This is based on house price inflation of 13.3%, between March 2021 and July 2025, 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 13.3% inflationary increase is applied to the most recent sale price for 4 THE CEDARS of £301,000 on 1st March 2021. For the value to have increased from £301,000 to £341,061 over the three years and eight months to July 2025, the following assumptions must hold true:

• The value of 4 THE CEDARS has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The March 2021 sale price of £301,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE CEDARS has not materially changed since March 2021.

How Large is 4 THE CEDARS?

4 THE CEDARS is 117m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of terraced houses houses in Gosfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gosfield, and where 4 THE CEDARS lies on this distribution: 45% of terraced houses houses are smaller than 4 THE CEDARS, and 54% of houses are larger. Note that EPC data is not available for all properties in Gosfield.

4 THE CEDARS: Plot and Title Map

4 THE CEDARS sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 4 THE CEDARS, 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 4 THE CEDARS). 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 4 THE CEDARS?

4 THE CEDARS is located on CHURCH ROAD in GOSFIELD, in the CO9 postcode district. The below map shows the position of 4 THE CEDARS on CHURCH ROAD.