19, MONKS ROAD, EARLS COLNE, COLCHESTER, CO6 2RY - £337,500

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.

19 MONKS ROAD is a small detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £389,540. It was last sold for £337,500 in February 2021, which was around 33% below the average February 2021 detached price in the Braintree local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

19 MONKS ROAD Sold Prices

Land registry data shows two sales for 19 MONKS ROAD 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 19 MONKS ROAD 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 15 FEB	£337,500	£500,372	33% below HPI
2005 12 AUG	£220,000	£297,828	26% below HPI

19 MONKS ROAD 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 19 MONKS ROAD sales from August 2005 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 August 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 19 MONKS ROAD be worth now?

19 MONKS ROAD might now be worth an estimated £389,540.

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 19 MONKS ROAD of £337,500 on 15th February 2021. For the value to have increased from £337,500 to £389,540 over the four years to February 2025, the following assumptions must hold true:

• The value of 19 MONKS ROAD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The February 2021 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 19 MONKS ROAD has not materially changed since February 2021.

How Large is 19 MONKS ROAD?

19 MONKS ROAD is 95m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses houses in Earls Colne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Earls Colne, and where 19 MONKS ROAD lies on this distribution: 39% of detached houses houses are smaller than 19 MONKS ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Earls Colne.

19 MONKS ROAD: Plot and Title Map

19 MONKS ROAD sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 19 MONKS ROAD, 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 19 MONKS ROAD). 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 19 MONKS ROAD?

19 MONKS ROAD is located in EARLS COLNE, in the CO6 postcode district. The below map shows the position of No. 19 on MONKS ROAD.