34, HOMEFIELD WAY, EARLS COLNE, COLCHESTER, CO6 2SP - £281,000

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

34 HOMEFIELD WAY is a small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £337,539. It was last sold for £281,000 in September 2017, which was around 42% below the average September 2017 detached price in the Braintree local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

34 HOMEFIELD WAY Sold Prices

Land registry data shows three sales for 34 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 34 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
2017 1 SEP	£281,000	£480,789	42% below HPI
2010 19 JUL	£186,500	£328,423	43% below HPI
1999 23 APR	£87,500	£123,011	29% below HPI

34 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 34 HOMEFIELD WAY sales between April 1999 and September 2017 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 July 2010 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2017 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 34 HOMEFIELD WAY be worth now?

34 HOMEFIELD WAY might now be worth an estimated £337,539.

This is based on house price inflation of 20.1%, between September 2017 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 20.1% inflationary increase is applied to the most recent sale price for 34 HOMEFIELD WAY of £281,000 on 1st September 2017. For the value to have increased from £281,000 to £337,539 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 34 HOMEFIELD WAY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The September 2017 sale price of £281,000 represented a fair market value for the property.
• The size, condition, and specification of 34 HOMEFIELD WAY has not materially changed since September 2017.

How Large is 34 HOMEFIELD WAY?

34 HOMEFIELD WAY is 90m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% 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 34 HOMEFIELD WAY lies on this distribution: 32% of detached houses houses are smaller than 34 HOMEFIELD WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Earls Colne.

34 HOMEFIELD WAY: Plot and Title Map

34 HOMEFIELD WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 34 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 34 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 34 HOMEFIELD WAY?

34 HOMEFIELD WAY is located in EARLS COLNE, in the CO6 postcode district. The below map shows the position of No. 34 on HOMEFIELD WAY.