CEDAR GABLES, MILL ROAD, RIDGEWELL, HALSTEAD, CO9 4SG - £470,000

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.

CEDAR GABLES is a large detached house of 179m², built sometime between 1967 and 1975, which could now be worth an estimated £480,477. It was last sold for £470,000 in November 2023, which was around 17% below the average November 2023 detached price in the Braintree local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

CEDAR GABLES Sold Prices

Land registry data shows four sales for CEDAR GABLES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the four CEDAR GABLES 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
2023 10 NOV	£470,000	£564,933	17% below HPI
2015 31 JUL	£394,000	£391,777	1% above HPI
2006 3 OCT	£272,500	£310,683	12% below HPI
1997 27 AUG	£88,000	£106,244	17% below HPI

CEDAR GABLES 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 four CEDAR GABLES sales between August 1997 and November 2023 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 July 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might CEDAR GABLES be worth now?

CEDAR GABLES might now be worth an estimated £480,477.

This is based on house price inflation of 2.2%, between November 2023 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 2.2% inflationary increase is applied to the most recent sale price for CEDAR GABLES of £470,000 on 10th November 2023. For the value to have increased from £470,000 to £480,477 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of CEDAR GABLES has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2023 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of CEDAR GABLES has not materially changed since November 2023.

How Large is CEDAR GABLES?

CEDAR GABLES is 179m² according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses houses in Ridgewell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ridgewell, and where CEDAR GABLES lies on this distribution: 70% of detached houses houses are smaller than CEDAR GABLES, and 30% of houses are larger. Note that EPC data is not available for all properties in Ridgewell.

CEDAR GABLES: Plot and Title Map

CEDAR GABLES sits on a plot of roughly 0.269 of an acre, or 1,089m². The below map shows the location of CEDAR GABLES, 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 CEDAR GABLES). 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 CEDAR GABLES?

CEDAR GABLES is located on MILL ROAD in RIDGEWELL, in the CO9 postcode district. The below map shows the position of CEDAR GABLES on MILL ROAD.