3, RICHARDSON LANE, HALSTEAD, CO9 1GG - £320,000

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.

3 RICHARDSON LANE is a midsized semi-detached house of 111m², which could now be worth an estimated £321,317. It was last sold for £320,000 in April 2023, which was around 5% below the average April 2023 semi-detached price in the Braintree local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

3 RICHARDSON LANE Sold Prices

Land registry data shows two sales for 3 RICHARDSON LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. One of the two 3 RICHARDSON LANE sales was for below the average price, whilst the other was 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
2023 21 APR	£320,000	£335,112	5% below HPI
2019 28 JUN	£341,995	£285,232	20% above HPI

3 RICHARDSON LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The two 3 RICHARDSON LANE sales from June 2019 and April 2023 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 2019 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 RICHARDSON LANE be worth now?

3 RICHARDSON LANE might now be worth an estimated £321,317.

This is based on house price inflation of 0.4%, between April 2023 and February 2025, for semi-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 0.4% inflationary increase is applied to the most recent sale price for 3 RICHARDSON LANE of £320,000 on 21st April 2023. For the value to have increased from £320,000 to £321,317 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 3 RICHARDSON LANE has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The April 2023 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RICHARDSON LANE has not materially changed since April 2023.

How Large is 3 RICHARDSON LANE?

3 RICHARDSON LANE is 111m² according to the EPC inspection conducted in June 2019. This puts it in the largest 50% of semi-detached houses houses in Halstead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Halstead, and where 3 RICHARDSON LANE lies on this distribution: 53% of semi-detached houses houses are smaller than 3 RICHARDSON LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Halstead.

3 RICHARDSON LANE: Plot and Title Map

3 RICHARDSON LANE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 3 RICHARDSON LANE, 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 RICHARDSON LANE). 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 RICHARDSON LANE?

3 RICHARDSON LANE is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 3 on RICHARDSON LANE.