10, RICHARDSON LANE, HALSTEAD, CO9 1GP - £369,000

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.

10 RICHARDSON LANE is a midsized detached house of 102m², which could now be worth an estimated £425,897. It was last sold for £369,000 in February 2021, which was around 26% below the average February 2021 detached price in the Braintree local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

10 RICHARDSON LANE Sold Prices

Land registry data shows two sales for 10 RICHARDSON LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 10 RICHARDSON LANE 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
2021 1 FEB	£369,000	£500,372	26% below HPI
2019 8 NOV	£359,995	£484,728	26% below HPI

10 RICHARDSON LANE 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 two 10 RICHARDSON LANE sales from November 2019 and February 2021 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 November 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2021 sale, which was also at 26% below the HPI.

What might 10 RICHARDSON LANE be worth now?

10 RICHARDSON LANE might now be worth an estimated £425,897.

This is based on house price inflation of 15.4%, between February 2021 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 15.4% inflationary increase is applied to the most recent sale price for 10 RICHARDSON LANE of £369,000 on 1st February 2021. For the value to have increased from £369,000 to £425,897 over the four years to February 2025, the following assumptions must hold true:

• The value of 10 RICHARDSON LANE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The February 2021 sale price of £369,000 represented a fair market value for the property.
• The size, condition, and specification of 10 RICHARDSON LANE has not materially changed since February 2021.

How Large is 10 RICHARDSON LANE?

10 RICHARDSON LANE is 102m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses houses in Halstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halstead, and where 10 RICHARDSON LANE lies on this distribution: 43% of detached houses houses are smaller than 10 RICHARDSON LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Halstead.

10 RICHARDSON LANE: Plot and Title Map

10 RICHARDSON LANE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 10 RICHARDSON LANE, 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 10 RICHARDSON LANE). 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 10 RICHARDSON LANE?

10 RICHARDSON LANE is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 10 on RICHARDSON LANE.