9, PETERSFIELD LANE, GOSFIELD, HALSTEAD, CO9 1PS - £430,000

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.

9 PETERSFIELD LANE is a midsized extended detached house of 114m², built sometime between 1930 and 1949, which could now be worth an estimated £497,990. It was last sold for £430,000 in July 2021, which was around 14% below the average July 2021 detached price in the Braintree local authority area. The most recent EPC inspection was February 2015, where the current energy rating was F, and the potential energy rating was A.

9 PETERSFIELD LANE Sold Prices

Land registry data shows three sales for 9 PETERSFIELD LANE since 1^st 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 9 PETERSFIELD 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
2021 30 JUL	£430,000	£498,677	14% below HPI
2016 14 APR	£350,000	£427,087	18% below HPI
1996 18 OCT	£92,500	£99,783	7% below HPI

9 PETERSFIELD 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 three 9 PETERSFIELD LANE sales between October 1996 and July 2021 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 April 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 9 PETERSFIELD LANE be worth now?

9 PETERSFIELD LANE might now be worth an estimated £497,990.

This is based on house price inflation of 15.8%, between July 2021 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.8% inflationary increase is applied to the most recent sale price for 9 PETERSFIELD LANE of £430,000 on 30th July 2021. For the value to have increased from £430,000 to £497,990 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 9 PETERSFIELD LANE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The July 2021 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PETERSFIELD LANE has not materially changed since July 2021.

How Large is 9 PETERSFIELD LANE?

9 PETERSFIELD LANE is 114m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% of detached houses houses in Gosfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gosfield, and where 9 PETERSFIELD LANE lies on this distribution: 43% of detached houses houses are smaller than 9 PETERSFIELD LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Gosfield.

9 PETERSFIELD LANE: Plot and Title Map

9 PETERSFIELD LANE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 9 PETERSFIELD 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 9 PETERSFIELD 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 9 PETERSFIELD LANE?

9 PETERSFIELD LANE is located in GOSFIELD, in the CO9 postcode district. The below map shows the position of No. 9 on PETERSFIELD LANE.