12, COLNE SPRINGS, RIDGEWELL, HALSTEAD, CO9 4RX - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 COLNE SPRINGS is a very small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £310,000 in August 2019, which was around 34% below the average August 2019 detached price in the Braintree local authority area. The most recent EPC inspection was April 2019, where the current energy rating was F, and the potential energy rating was D.

12 COLNE SPRINGS Sold Prices

Land registry data shows two sales for 12 COLNE SPRINGS 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 12 COLNE SPRINGS 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 28 AUG	£310,000	£467,779	34% below HPI
1998 12 MAR	£92,000	£106,982	14% below HPI

12 COLNE SPRINGS 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 12 COLNE SPRINGS sales from March 1998 and August 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 March 1998 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 12 COLNE SPRINGS?

12 COLNE SPRINGS is 97m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in Ridgewell, based on EPC data. The below chart shows the distribution of detached houses by size in Ridgewell, and where 12 COLNE SPRINGS lies on this distribution: 11% of detached houses are smaller than 12 COLNE SPRINGS, and 89% of houses are larger. Note that EPC data is not available for all properties in Ridgewell.

12 COLNE SPRINGS: Plot and Title Map

12 COLNE SPRINGS sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 12 COLNE SPRINGS, 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 12 COLNE SPRINGS). 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 12 COLNE SPRINGS?

12 COLNE SPRINGS is located in RIDGEWELL, in the CO9 postcode district. The below map shows the position of No. 12 on COLNE SPRINGS.