BALHAM HOUSE, UPPER CHAPEL STREET, HALSTEAD, CO9 2BZ - £297,500

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

BALHAM HOUSE is a large extended detached house of 125m², built sometime between 1900 and 1929. It was last sold for £297,500 in June 2017, which was around 34% below the average June 2017 detached price in the Braintree local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

BALHAM HOUSE Sold Prices

Land registry data shows two sales for BALHAM HOUSE 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 BALHAM HOUSE 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
2017 30 JUN	£297,500	£453,699	34% below HPI
2013 15 MAY	£140,000	£303,201	54% below HPI

BALHAM HOUSE 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 BALHAM HOUSE sales from May 2013 and June 2017 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 May 2013 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the June 2017 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is BALHAM HOUSE?

BALHAM HOUSE is 125m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 40% of detached houses in Halstead, based on EPC data. The below chart shows the distribution of detached houses by size in Halstead, and where BALHAM HOUSE lies on this distribution: 65% of detached houses are smaller than BALHAM HOUSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Halstead.

BALHAM HOUSE: Plot and Title Map

BALHAM HOUSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of BALHAM HOUSE, 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 BALHAM HOUSE). 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 BALHAM HOUSE?

BALHAM HOUSE is located on UPPER CHAPEL STREET in HALSTEAD, in the CO9 postcode district. The below map shows the position of BALHAM HOUSE on UPPER CHAPEL STREET.