9, EAST MILL, HALSTEAD, CO9 2EL - £165,000

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.

9 EAST MILL is a very small extended terraced house of 42m², built sometime before 1900, which could now be worth an estimated £167,479. It was last sold for £165,000 in March 2022, which was around 36% below the average March 2022 terraced price in the Braintree local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

9 EAST MILL Sold Prices

Land registry data shows five sales for 9 EAST MILL 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. All of the five 9 EAST MILL 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
2022 11 MAR	£165,000	£259,248	36% below HPI
2018 10 AUG	£160,000	£230,893	31% below HPI
2018 29 JUN	£150,000	£229,641	35% below HPI
2001 31 JUL	£60,000	£77,765	23% below HPI
1999 3 DEC	£56,500	£60,130	6% below HPI

9 EAST MILL 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 9 EAST MILL sales between December 1999 and March 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 August 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 9 EAST MILL be worth now?

9 EAST MILL might now be worth an estimated £167,479.

This is based on house price inflation of 1.5%, between March 2022 and April 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 1.5% inflationary increase is applied to the most recent sale price for 9 EAST MILL of £165,000 on 11th March 2022. For the value to have increased from £165,000 to £167,479 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 9 EAST MILL has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The March 2022 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 9 EAST MILL has not materially changed since March 2022.

How Large is 9 EAST MILL?

9 EAST MILL is 42m², which includes one extension, according to the EPC inspection conducted in April 2022. 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 9 EAST MILL lies on this distribution: Less than 1% of terraced houses houses are smaller than 9 EAST MILL, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Halstead.

9 EAST MILL: Plot and Title Map

9 EAST MILL sits on a plot of roughly 0.014 of an acre, or 55m². The below map shows the location of 9 EAST MILL, 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 9 EAST MILL). 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 9 EAST MILL?

9 EAST MILL is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 9 on EAST MILL.