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 TEY ROAD is a very large extended detached house of 172m², built sometime between 1967 and 1975. It was last sold for £572,500 in October 2020, which was around 17% above the average October 2020 detached price in the Braintree local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 TEY ROAD since 1st 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 4 TEY ROAD sales were 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 |
---|---|---|---|
2020 5 OCT | £572,500 | £487,278 | 17% above HPI |
2018 15 OCT | £549,000 | £475,923 | 15% above HPI |
2002 9 APR | £240,000 | £196,553 | 22% above HPI |
The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three 4 TEY ROAD sales between April 2002 and October 2020 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 October 2018 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2020 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
4 TEY ROAD is 172m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses in Earls Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Earls Colne, and where 4 TEY ROAD lies on this distribution: 90% of detached houses are smaller than 4 TEY ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Earls Colne.
4 TEY ROAD sits on a plot of roughly 0.476 of an acre, or 1,927m². The below map shows the location of 4 TEY 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 4 TEY 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.
4 TEY ROAD is located in EARLS COLNE, in the CO6 postcode district. The below map shows the position of No. 4 on TEY ROAD.