1, ORCHARD CLOSE, RIDGEWELL, HALSTEAD, CO9 4SQ - £355,000

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.

1 ORCHARD CLOSE is a small extended detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £422,962. It was last sold for £355,000 in November 2019, which was around 27% below the average November 2019 detached price in the Braintree local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

1 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 1 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 1 ORCHARD CLOSE 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
2019 21 NOV	£355,000	£484,728	27% below HPI
2003 2 DEC	£173,000	£266,632	35% below HPI
1995 3 JUL	£60,000	£96,494	38% below HPI

1 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three 1 ORCHARD CLOSE sales between July 1995 and November 2019 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 December 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 ORCHARD CLOSE be worth now?

1 ORCHARD CLOSE might now be worth an estimated £422,962.

This is based on house price inflation of 19.1%, between November 2019 and February 2025, 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 19.1% inflationary increase is applied to the most recent sale price for 1 ORCHARD CLOSE of £355,000 on 21st November 2019. For the value to have increased from £355,000 to £422,962 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 ORCHARD CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2019 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ORCHARD CLOSE has not materially changed since November 2019.

How Large is 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses houses in Ridgewell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ridgewell, and where 1 ORCHARD CLOSE lies on this distribution: 21% of detached houses houses are smaller than 1 ORCHARD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Ridgewell.

1 ORCHARD CLOSE: Plot and Title Map

1 ORCHARD CLOSE sits on a plot of roughly 0.197 of an acre, or 798m². The below map shows the location of 1 ORCHARD CLOSE, 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 1 ORCHARD CLOSE). 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 1 ORCHARD CLOSE?

1 ORCHARD CLOSE is located in RIDGEWELL, in the CO9 postcode district. The below map shows the position of No. 1 on ORCHARD CLOSE.