38, WATERMILL ROAD, FEERING, COLCHESTER, CO5 9SR - £280,000

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

38 WATERMILL ROAD is a small detached house of 113m², built sometime between 1976 and 1982. It was last sold for £280,000 in January 2013, which was around 9% below the average January 2013 detached price in the Braintree local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

38 WATERMILL ROAD Sold Prices

Land registry data shows two sales for 38 WATERMILL 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 38 WATERMILL 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
2013 18 JAN	£280,000	£309,372	9% below HPI
1998 23 JUL	£105,000	£114,112	8% below HPI

38 WATERMILL 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 38 WATERMILL ROAD sales from July 1998 and January 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 July 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2013 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 38 WATERMILL ROAD?

38 WATERMILL ROAD is 113m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Feering, based on EPC data. The below chart shows the distribution of detached houses by size in Feering, and where 38 WATERMILL ROAD lies on this distribution: 37% of detached houses are smaller than 38 WATERMILL ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Feering.

38 WATERMILL ROAD: Plot and Title Map

38 WATERMILL ROAD sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 38 WATERMILL 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 38 WATERMILL 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 38 WATERMILL ROAD?

38 WATERMILL ROAD is located in FEERING, in the CO5 postcode district. The below map shows the position of No. 38 on WATERMILL ROAD.