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
4 CASTLE LANE is a very small extended detached house of 55m², built sometime before 1900. It was last sold for £187,000 in May 2008, which was around 41% below the average May 2008 detached price in the Braintree local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 4 CASTLE LANE since 1st 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 4 CASTLE LANE 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 |
---|---|---|---|
2008 15 MAY | £187,000 | £318,438 | 41% below HPI |
1997 12 FEB | £60,000 | £97,958 | 39% below HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 4 CASTLE LANE sales from February 1997 and May 2008 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 February 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2008 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.
4 CASTLE LANE is 55m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Castle Hedingham, based on EPC data. The below chart shows the distribution of detached houses by size in Castle Hedingham, and where 4 CASTLE LANE lies on this distribution: 2% of detached houses are smaller than 4 CASTLE LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Castle Hedingham.
4 CASTLE LANE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 4 CASTLE 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 4 CASTLE 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.
4 CASTLE LANE is located in CASTLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of No. 4 on CASTLE LANE.