8, RYE MILL LANE, FEERING, COLCHESTER, CO5 9SA - £510,000

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

8 RYE MILL LANE is a small extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £510,000 in October 2022, which was around 7% below the average October 2022 detached price in the Braintree local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

8 RYE MILL LANE Sold Prices

Land registry data shows two sales for 8 RYE MILL 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 Braintree local authority area for the corresponding sale date. Both of the two 8 RYE MILL 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
2022 4 OCT	£510,000	£549,494	7% below HPI
2014 17 JAN	£305,000	£325,774	6% below HPI

8 RYE MILL LANE 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 8 RYE MILL LANE sales from January 2014 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 January 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 8 RYE MILL LANE?

8 RYE MILL LANE is 99m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Feering, based on EPC data. The below chart shows the distribution of detached houses by size in Feering, and where 8 RYE MILL LANE lies on this distribution: 20% of detached houses are smaller than 8 RYE MILL LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Feering.

8 RYE MILL LANE: Plot and Title Map

8 RYE MILL LANE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 8 RYE MILL 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 8 RYE MILL 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 8 RYE MILL LANE?

8 RYE MILL LANE is located in FEERING, in the CO5 postcode district. The below map shows the position of No. 8 on RYE MILL LANE.