50, WATERMILL ROAD, FEERING, COLCHESTER, CO5 9SR - £250,000

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.

50 WATERMILL ROAD is a very small extended terraced house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £291,280. It was last sold for £250,000 in June 2019, which was around 9% above the average June 2019 terraced price in the Braintree local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

50 WATERMILL ROAD Sold Prices

Land registry data shows six sales for 50 WATERMILL ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. Most of the six 50 WATERMILL ROAD 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
2019 20 JUN	£250,000	£228,568	9% above HPI
2016 11 OCT	£220,000	£213,645	3% above HPI
2014 21 FEB	£170,000	£164,892	3% above HPI
2001 27 JUN	£59,995	£76,661	22% below HPI
1999 15 MAR	£57,995	£53,457	8% above HPI
1997 18 AUG	£54,000	£46,741	16% above HPI

50 WATERMILL ROAD 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 six 50 WATERMILL ROAD sales between August 1997 and June 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 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 50 WATERMILL ROAD be worth now?

50 WATERMILL ROAD might now be worth an estimated £291,280.

This is based on house price inflation of 16.5%, between June 2019 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 16.5% inflationary increase is applied to the most recent sale price for 50 WATERMILL ROAD of £250,000 on 20th June 2019. For the value to have increased from £250,000 to £291,280 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 50 WATERMILL ROAD has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The June 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 50 WATERMILL ROAD has not materially changed since June 2019.

How Large is 50 WATERMILL ROAD?

50 WATERMILL ROAD is 53m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of terraced houses houses in Feering, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Feering, and where 50 WATERMILL ROAD lies on this distribution: 1% of terraced houses houses are smaller than 50 WATERMILL ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Feering.

50 WATERMILL ROAD: Plot and Title Map

50 WATERMILL ROAD sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 50 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 50 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 50 WATERMILL ROAD?

50 WATERMILL ROAD is located in FEERING, in the CO5 postcode district. The below map shows the position of No. 50 on WATERMILL ROAD.