24, TEY ROAD, EARLS COLNE, COLCHESTER, CO6 2LG - £449,950

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

24 TEY ROAD is a large extended detached house of 146m², built sometime between 1930 and 1949. It was last sold for £449,950 in July 2014, which was around 28% above the average July 2014 detached price in the Braintree local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

24 TEY ROAD Sold Prices

Land registry data shows three sales for 24 TEY ROAD 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. One of the three 24 TEY ROAD sales was for above the average price, whilst two 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
2014 17 JUL	£449,950	£352,868	28% above HPI
2005 15 APR	£243,000	£275,817	12% below HPI
1995 21 JUL	£69,500	£92,256	25% below HPI

24 TEY 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 three 24 TEY ROAD sales between July 1995 and July 2014 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 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2014 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 24 TEY ROAD?

24 TEY ROAD is 146m², which includes three extensions, according to the EPC inspection conducted in December 2012. This puts it in the largest 30% of detached houses in Earls Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Earls Colne, and where 24 TEY ROAD lies on this distribution: 79% of detached houses are smaller than 24 TEY ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Earls Colne.

24 TEY ROAD: Plot and Title Map

24 TEY ROAD sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 24 TEY 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 24 TEY 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 24 TEY ROAD?

24 TEY ROAD is located in EARLS COLNE, in the CO6 postcode district. The below map shows the position of No. 24 on TEY ROAD.