RED BRICK HOUSE, MILL ROAD, BOXTED, COLCHESTER, CO4 5RW - £318,000

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.

RED BRICK HOUSE is a midsized detached house of 139m², built sometime between 1983 and 1990, which could now be worth an estimated £519,439. It was last sold for £318,000 in February 2014, which was around 3% above the average February 2014 detached price in the Colchester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

RED BRICK HOUSE Sold Prices

Land registry data shows two sales for RED BRICK HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two RED BRICK HOUSE 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
2014 17 FEB	£318,000	£307,472	3% above HPI
2001 12 APR	£189,950	£155,619	22% above HPI

RED BRICK HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two RED BRICK HOUSE sales from April 2001 and February 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 2001 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the February 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might RED BRICK HOUSE be worth now?

RED BRICK HOUSE might now be worth an estimated £519,439.

This is based on house price inflation of 63.3%, between February 2014 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.3% inflationary increase is applied to the most recent sale price for RED BRICK HOUSE of £318,000 on 17th February 2014. For the value to have increased from £318,000 to £519,439 over the eleven years to February 2025, the following assumptions must hold true:

• The value of RED BRICK HOUSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2014 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of RED BRICK HOUSE has not materially changed since February 2014.

How Large is RED BRICK HOUSE?

RED BRICK HOUSE is 139m² according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses houses in Boxted, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boxted, and where RED BRICK HOUSE lies on this distribution: 53% of detached houses houses are smaller than RED BRICK HOUSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Boxted.

RED BRICK HOUSE: Plot and Title Map

RED BRICK HOUSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of RED BRICK HOUSE, 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 RED BRICK HOUSE). 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 RED BRICK HOUSE?

RED BRICK HOUSE is located on MILL ROAD in BOXTED, in the CO4 postcode district. The below map shows the position of RED BRICK HOUSE on MILL ROAD.