9, THE CHASE, KELVEDON, COLCHESTER, CO5 9AB - £437,500

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

9 THE CHASE is a very small detached house of 97m², built sometime between 2007 and 2011, which could now be worth an estimated £462,096. It was last sold for £437,500 in March 2024, which was around 20% below the average March 2024 detached price in the Braintree local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

9 THE CHASE Sold Prices

Land registry data shows two sales for 9 THE CHASE 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 9 THE CHASE 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
2024 8 MAR	£437,500	£547,665	20% below HPI
2008 13 FEB	£250,000	£345,016	28% below HPI

9 THE CHASE 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 9 THE CHASE sales from February 2008 and March 2024 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 February 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 9 THE CHASE be worth now?

9 THE CHASE might now be worth an estimated £462,096.

This is based on house price inflation of 5.6%, between March 2024 and December 2024, 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 5.6% inflationary increase is applied to the most recent sale price for 9 THE CHASE of £437,500 on 8th March 2024. For the value to have increased from £437,500 to £462,096 over the three months to December 2024, the following assumptions must hold true:

• The value of 9 THE CHASE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The March 2024 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of 9 THE CHASE has not materially changed since March 2024.

How Large is 9 THE CHASE?

9 THE CHASE is 97m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses houses in Kelvedon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kelvedon, and where 9 THE CHASE lies on this distribution: 13% of detached houses houses are smaller than 9 THE CHASE, and 87% of houses are larger. Note that EPC data is not available for all properties in Kelvedon.

9 THE CHASE: Plot and Title Map

9 THE CHASE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 9 THE CHASE, 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 THE CHASE). 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 THE CHASE?

9 THE CHASE is located in KELVEDON, in the CO5 postcode district. The below map shows the position of No. 9 on THE CHASE.