5, SCHOOL LANE, BRANTHAM, MANNINGTREE, CO11 1QE - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 SCHOOL LANE is a small detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £397,686. It was last sold for £340,000 in March 2020, which was around 19% below the average March 2020 detached price in the Babergh local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

5 SCHOOL LANE Sold Prices

Land registry data shows two sales for 5 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two 5 SCHOOL 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
2020 13 MAR	£340,000	£419,875	19% below HPI
1996 30 SEP	£35,000	£91,124	62% below HPI

5 SCHOOL LANE 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 two 5 SCHOOL LANE sales from September 1996 and March 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 September 1996 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the March 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 SCHOOL LANE be worth now?

5 SCHOOL LANE might now be worth an estimated £397,686.

This is based on house price inflation of 17%, between March 2020 and March 2025, 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 17% inflationary increase is applied to the most recent sale price for 5 SCHOOL LANE of £340,000 on 13th March 2020. For the value to have increased from £340,000 to £397,686 over the five years to March 2025, the following assumptions must hold true:

• The value of 5 SCHOOL LANE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The March 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SCHOOL LANE has not materially changed since March 2020.

How Large is 5 SCHOOL LANE?

5 SCHOOL LANE is 91m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses houses in Brantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brantham, and where 5 SCHOOL LANE lies on this distribution: 30% of detached houses houses are smaller than 5 SCHOOL LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Brantham.

5 SCHOOL LANE: Plot and Title Map

5 SCHOOL LANE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 5 SCHOOL 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 5 SCHOOL 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.

Where is 5 SCHOOL LANE?

5 SCHOOL LANE is located in BRANTHAM, in the CO11 postcode district. The below map shows the position of No. 5 on SCHOOL LANE.