3, MILL FIELD, WHITE COLNE, COLCHESTER, CO6 2FB - £425,000

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.

3 MILL FIELD is a very small detached house of 100m², built in 2018, which could now be worth an estimated £468,215. It was last sold for £425,000 in November 2018, which was around 16% below the average November 2018 detached price in the Braintree local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was B.

3 MILL FIELD Sold Prices

Land registry data shows one sale for 3 MILL FIELD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Braintree local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 30 NOV	£425,000	£505,492	16% below HPI

What might 3 MILL FIELD be worth now?

3 MILL FIELD might now be worth an estimated £468,215.

This is based on house price inflation of 10.2%, between November 2018 and May 2026, for 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 10.2% inflationary increase is applied to the most recent sale price for 3 MILL FIELD of £425,000 on 30th November 2018. For the value to have increased from £425,000 to £468,215 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 3 MILL FIELD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2018 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL FIELD has not materially changed since November 2018.

How Large is 3 MILL FIELD?

3 MILL FIELD is 100m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of detached houses in White Colne, based on EPC data. The below chart shows the distribution of detached houses by size in White Colne, and where 3 MILL FIELD lies on this distribution: 20% of detached houses are smaller than 3 MILL FIELD, and 80% of detached houses are larger. Note that EPC data is not available for all properties in White Colne.

3 MILL FIELD: Plot

3 MILL FIELD sits on a plot of roughly 0.077 of an acre, or 313m².

Where is 3 MILL FIELD?

3 MILL FIELD is located in WHITE COLNE, in the CO6 postcode district.