2, TEAL WAY, KELVEDON, COLCHESTER, CO5 9PP - £105,250

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 TEAL WAY is a small detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £599,726. It was last sold for £105,250 in January 1997, which was around 4% above the average January 1997 detached price in the Braintree local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

2 TEAL WAY Sold Prices

Land registry data shows two sales for 2 TEAL WAY 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 2 TEAL WAY sales were for above 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
1997 31 JAN	£105,250	£101,517	4% above HPI
1995 12 APR	£105,000	£94,691	11% above HPI

2 TEAL WAY 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 2 TEAL WAY sales from April 1995 and January 1997 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 April 1995 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 1997 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 TEAL WAY be worth now?

2 TEAL WAY might now be worth an estimated £599,726.

This is based on house price inflation of 469.8%, between January 1997 and December 2024, 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 469.8% inflationary increase is applied to the most recent sale price for 2 TEAL WAY of £105,250 on 31st January 1997. For the value to have increased from £105,250 to £599,726 over the 26 years and one month to December 2024, the following assumptions must hold true:

• The value of 2 TEAL WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The January 1997 sale price of £105,250 represented a fair market value for the property.
• The size, condition, and specification of 2 TEAL WAY has not materially changed since January 1997.

How Large is 2 TEAL WAY?

2 TEAL WAY is 110m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of detached houses houses in Kelvedon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kelvedon, and where 2 TEAL WAY lies on this distribution: 37% of detached houses houses are smaller than 2 TEAL WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Kelvedon.

2 TEAL WAY: Plot and Title Map

2 TEAL WAY sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 2 TEAL WAY, 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 2 TEAL WAY). 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 2 TEAL WAY?

2 TEAL WAY is located in KELVEDON, in the CO5 postcode district. The below map shows the position of No. 2 on TEAL WAY.