15, COLNE SPRINGS, RIDGEWELL, HALSTEAD, CO9 4RX - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 COLNE SPRINGS is a small extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £320,000 in January 2016, which was around 20% below the average January 2016 detached price in the Braintree local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was C.

15 COLNE SPRINGS Sold Prices

Land registry data shows three sales for 15 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 15 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
2016 20 JAN	£320,000	£400,142	20% below HPI
2001 29 JUN	£149,950	£169,871	12% below HPI
1999 9 DEC	£115,000	£131,915	13% below HPI

15 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 15 COLNE SPRINGS sales between December 1999 and January 2016 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 June 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 15 COLNE SPRINGS?

15 COLNE SPRINGS is 127m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Ridgewell, based on EPC data. The below chart shows the distribution of detached houses by size in Ridgewell, and where 15 COLNE SPRINGS lies on this distribution: 39% of detached houses are smaller than 15 COLNE SPRINGS, and 61% of houses are larger. Note that EPC data is not available for all properties in Ridgewell.

15 COLNE SPRINGS: Plot and Title Map

15 COLNE SPRINGS sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 15 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 15 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 15 COLNE SPRINGS?

15 COLNE SPRINGS is located in RIDGEWELL, in the CO9 postcode district. The below map shows the position of No. 15 on COLNE SPRINGS.