9, MILL CHASE, HALSTEAD, CO9 2DQ - £240,000

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 MILL CHASE is a very small terraced house of 51m², built sometime between 1900 and 1929, which could now be worth an estimated £272,124. It was last sold for £240,000 in July 2020, which was around 3% above the average July 2020 terraced price in the Braintree local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

9 MILL CHASE Sold Prices

Land registry data shows three sales for 9 MILL CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. Two of the three 9 MILL CHASE sales were for above the average price, whilst one was 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
2020 13 JUL	£240,000	£232,079	3% above HPI
2017 14 JUL	£218,000	£225,609	3% below HPI
2016 31 MAR	£260,000	£199,781	30% above HPI

9 MILL CHASE 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 three 9 MILL CHASE sales between March 2016 and July 2020 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 July 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 9 MILL CHASE be worth now?

9 MILL CHASE might now be worth an estimated £272,124.

This is based on house price inflation of 13.4%, between July 2020 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 13.4% inflationary increase is applied to the most recent sale price for 9 MILL CHASE of £240,000 on 13th July 2020. For the value to have increased from £240,000 to £272,124 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of 9 MILL CHASE has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The July 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MILL CHASE has not materially changed since July 2020.

How Large is 9 MILL CHASE?

9 MILL CHASE is 51m² according to the EPC inspection conducted in October 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 9 MILL CHASE lies on this distribution: 1% of terraced houses houses are smaller than 9 MILL CHASE, and 99% of houses are larger. Note that EPC data is not available for all properties in Halstead.

9 MILL CHASE: Plot and Title Map

9 MILL CHASE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 9 MILL CHASE, 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 MILL CHASE). 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 MILL CHASE?

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