12, COLNE SPRINGS, RIDGEWELL, HALSTEAD, CO9 4RX - £325,000

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.

12 COLNE SPRINGS is a very small detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £335,094. It was last sold for £325,000 in October 2024, which was around 42% below the average October 2024 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 three sales for 12 COLNE SPRINGS 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 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
2024 10 OCT	£325,000	£560,130	42% below HPI
2019 28 AUG	£310,000	£489,266	37% below HPI
1998 12 MAR	£92,000	£111,897	18% 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 three 12 COLNE SPRINGS sales between March 1998 and October 2024 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 August 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2024 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 12 COLNE SPRINGS be worth now?

12 COLNE SPRINGS might now be worth an estimated £335,094.

This is based on house price inflation of 3.1%, between October 2024 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 3.1% inflationary increase is applied to the most recent sale price for 12 COLNE SPRINGS of £325,000 on 10th October 2024. For the value to have increased from £325,000 to £335,094 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 12 COLNE SPRINGS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 12 COLNE SPRINGS has not materially changed since October 2024.

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 houses in Ridgewell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ridgewell, and where 12 COLNE SPRINGS lies on this distribution: 11% of detached houses 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.