8, COLNE ROAD, HALSTEAD, CO9 2HU - £177,000

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.

8 COLNE ROAD is a very small extended terraced house of 56m², built sometime between 1900 and 1929, which could now be worth an estimated £216,111. It was last sold for £177,000 in April 2017, which was around 19% below the average April 2017 terraced price in the Braintree local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

8 COLNE ROAD Sold Prices

Land registry data shows four sales for 8 COLNE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. All of the four 8 COLNE 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
2017 7 APR	£177,000	£218,113	19% below HPI
2005 2 SEP	£122,000	£145,438	16% below HPI
2005 26 AUG	£119,000	£144,656	18% below HPI
2001 13 JUN	£69,995	£76,661	9% below HPI

8 COLNE 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 four 8 COLNE ROAD sales between June 2001 and April 2017 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 September 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 8 COLNE ROAD be worth now?

8 COLNE ROAD might now be worth an estimated £216,111.

This is based on house price inflation of 22.1%, between April 2017 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 22.1% inflationary increase is applied to the most recent sale price for 8 COLNE ROAD of £177,000 on 7th April 2017. For the value to have increased from £177,000 to £216,111 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 8 COLNE ROAD has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The April 2017 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 8 COLNE ROAD has not materially changed since April 2017.

How Large is 8 COLNE ROAD?

8 COLNE ROAD is 56m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 8 COLNE ROAD lies on this distribution: 2% of terraced houses houses are smaller than 8 COLNE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Halstead.

8 COLNE ROAD: Plot and Title Map

8 COLNE ROAD sits on a plot of roughly 0.014 of an acre, or 57m². The below map shows the location of 8 COLNE 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 8 COLNE 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 8 COLNE ROAD?

8 COLNE ROAD is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 8 on COLNE ROAD.