3, MORLEYS ROAD, EARLS COLNE, COLCHESTER, CO6 2NT - £68,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 MORLEYS ROAD is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £68,500 in September 2001, which was around 61% below the average September 2001 detached price in the Braintree local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

3 MORLEYS ROAD Sold Prices

Land registry data shows two sales for 3 MORLEYS 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 3 MORLEYS 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
2001 28 SEP	£68,500	£175,879	61% below HPI
1995 31 MAR	£45,000	£91,724	51% below HPI

3 MORLEYS 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 3 MORLEYS ROAD sales from March 1995 and September 2001 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 March 1995 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the September 2001 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 3 MORLEYS ROAD?

3 MORLEYS ROAD is 75m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 20% 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 3 MORLEYS ROAD lies on this distribution: 11% of detached houses are smaller than 3 MORLEYS ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Earls Colne.

3 MORLEYS ROAD: Plot and Title Map

3 MORLEYS ROAD sits on a plot of roughly 0.037 of an acre, or 152m². The below map shows the location of 3 MORLEYS 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 3 MORLEYS 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 3 MORLEYS ROAD?

3 MORLEYS ROAD is located in EARLS COLNE, in the CO6 postcode district. The below map shows the position of No. 3 on MORLEYS ROAD.