4, THE RIDINGS, LEAVENHEATH, COLCHESTER, CO6 4QA - £550,000

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

4 THE RIDINGS is a very large detached house of 190m², built sometime between 1976 and 1982, which could now be worth an estimated £517,868. It was last sold for £550,000 in October 2022, which was around 7% above the average October 2022 detached price in the Babergh local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

4 THE RIDINGS Sold Prices

Land registry data shows three sales for 4 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three 4 THE RIDINGS 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
2022 21 OCT	£550,000	£513,963	7% above HPI
2018 10 JUL	£467,500	£425,596	10% above HPI
2003 24 SEP	£247,500	£225,844	10% above HPI

4 THE RIDINGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three 4 THE RIDINGS sales between September 2003 and October 2022 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 2018 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 4 THE RIDINGS be worth now?

4 THE RIDINGS might now be worth an estimated £517,868.

This is based on house price deflation of 5.8%, between October 2022 and December 2024, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.8% deflationary decrease is applied to the most recent sale price for 4 THE RIDINGS of £550,000 on 21st October 2022. For the value to have decreased from £550,000 to £517,868 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 4 THE RIDINGS has moved in line with the HPI for detached houses in the Babergh local authority area.
• The October 2022 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE RIDINGS has not materially changed since October 2022.

How Large is 4 THE RIDINGS?

4 THE RIDINGS is 190m² according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of detached houses houses in Leavenheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leavenheath, and where 4 THE RIDINGS lies on this distribution: 93% of detached houses houses are smaller than 4 THE RIDINGS, and 7% of houses are larger. Note that EPC data is not available for all properties in Leavenheath.

4 THE RIDINGS: Plot and Title Map

4 THE RIDINGS sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 4 THE RIDINGS, 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 THE RIDINGS). 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 THE RIDINGS?

4 THE RIDINGS is located in LEAVENHEATH, in the CO6 postcode district. The below map shows the position of No. 4 on THE RIDINGS.