22, HOMEFIELD WAY, EARLS COLNE, COLCHESTER, CO6 2SP - £195,000

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.

22 HOMEFIELD WAY is a very small detached house of 49m², built sometime between 2003 and 2006, which could now be worth an estimated £360,864. It was last sold for £195,000 in March 2013, which was around 38% below the average March 2013 detached price in the Braintree local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

22 HOMEFIELD WAY Sold Prices

Land registry data shows three sales for 22 HOMEFIELD WAY 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 22 HOMEFIELD WAY 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
2013 20 MAR	£195,000	£312,078	38% below HPI
2006 23 JUN	£142,000	£302,150	53% below HPI
1997 14 MAR	£69,000	£101,975	32% below HPI

22 HOMEFIELD 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 three 22 HOMEFIELD WAY sales between March 1997 and March 2013 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 2006 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the March 2013 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 22 HOMEFIELD WAY be worth now?

22 HOMEFIELD WAY might now be worth an estimated £360,864.

This is based on house price inflation of 85.1%, between March 2013 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 85.1% inflationary increase is applied to the most recent sale price for 22 HOMEFIELD WAY of £195,000 on 20th March 2013. For the value to have increased from £195,000 to £360,864 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of 22 HOMEFIELD WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2013 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 22 HOMEFIELD WAY has not materially changed since March 2013.

How Large is 22 HOMEFIELD WAY?

22 HOMEFIELD WAY is 49m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% 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 22 HOMEFIELD WAY lies on this distribution: 1% of detached houses houses are smaller than 22 HOMEFIELD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Earls Colne.

22 HOMEFIELD WAY: Plot and Title Map

22 HOMEFIELD WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 22 HOMEFIELD 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 22 HOMEFIELD 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 22 HOMEFIELD WAY?

22 HOMEFIELD WAY is located in EARLS COLNE, in the CO6 postcode district. The below map shows the position of No. 22 on HOMEFIELD WAY.