4, COLNE SPRINGS, RIDGEWELL, HALSTEAD, CO9 4RX - £325,000

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

4 COLNE SPRINGS is a large extended detached house of 179m², built sometime between 1976 and 1982. It was last sold for £325,000 in August 2009, which was around 19% above the average August 2009 detached price in the Braintree local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was E.

4 COLNE SPRINGS Sold Prices

Land registry data shows two sales for 4 COLNE SPRINGS 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. One of the two 4 COLNE SPRINGS sales was for above the average price, whilst the other was 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
2009 19 AUG	£325,000	£273,288	19% above HPI
2007 5 JUN	£298,000	£310,552	4% below HPI

4 COLNE SPRINGS 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 4 COLNE SPRINGS sales from June 2007 and August 2009 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 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2009 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 4 COLNE SPRINGS?

4 COLNE SPRINGS is 179m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the largest 40% of detached houses in Ridgewell, based on EPC data. The below chart shows the distribution of detached houses by size in Ridgewell, and where 4 COLNE SPRINGS lies on this distribution: 68% of detached houses are smaller than 4 COLNE SPRINGS, and 32% of houses are larger. Note that EPC data is not available for all properties in Ridgewell.

4 COLNE SPRINGS: Plot and Title Map

4 COLNE SPRINGS sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of 4 COLNE SPRINGS, 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 COLNE SPRINGS). 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 4 COLNE SPRINGS?

4 COLNE SPRINGS is located in RIDGEWELL, in the CO9 postcode district. The below map shows the position of No. 4 on COLNE SPRINGS.