7, MORLEYS ROAD, EARLS COLNE, COLCHESTER, CO6 2NT - £195,000

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.

7 MORLEYS ROAD is a very small semi-detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £292,677. It was last sold for £195,000 in November 2014, which was around 12% below the average November 2014 semi-detached price in the Braintree local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

7 MORLEYS ROAD Sold Prices

Land registry data shows three sales for 7 MORLEYS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the three 7 MORLEYS 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
2014 14 NOV	£195,000	£221,784	12% below HPI
2008 4 APR	£187,500	£202,621	7% below HPI
1999 10 SEP	£65,500	£75,017	13% below HPI

7 MORLEYS ROAD 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 three 7 MORLEYS ROAD sales between September 1999 and November 2014 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 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 MORLEYS ROAD be worth now?

7 MORLEYS ROAD might now be worth an estimated £292,677.

This is based on house price inflation of 50.1%, between November 2014 and May 2026, 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 50.1% inflationary increase is applied to the most recent sale price for 7 MORLEYS ROAD of £195,000 on 14th November 2014. For the value to have increased from £195,000 to £292,677 over the twelve years and six months to May 2026, the following assumptions must hold true:

• The value of 7 MORLEYS ROAD has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The November 2014 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MORLEYS ROAD has not materially changed since November 2014.

How Large is 7 MORLEYS ROAD?

7 MORLEYS ROAD is 73m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 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 7 MORLEYS ROAD lies on this distribution: 7% of semi-detached houses houses are smaller than 7 MORLEYS ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Earls Colne.

7 MORLEYS ROAD: Plot and Title Map

7 MORLEYS ROAD sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 7 MORLEYS 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 7 MORLEYS 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 7 MORLEYS ROAD?

7 MORLEYS ROAD is located in EARLS COLNE, in the CO6 postcode district. The below map shows the position of No. 7 on MORLEYS ROAD.