CROFTERS, MILL ROAD, RIDGEWELL, HALSTEAD, CO9 4SG - £595,000

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.

CROFTERS is a very large extended detached house of 199m², built sometime between 1976 and 1982, which could now be worth an estimated £698,293. It was last sold for £595,000 in December 2017, which was around 21% above the average December 2017 detached price in the Braintree local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

CROFTERS Sold Prices

Land registry data shows two sales for CROFTERS 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 CROFTERS sales were for above 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 19 DEC	£595,000	£492,097	21% above HPI
1997 27 JUN	£105,000	£103,528	1% above HPI

CROFTERS 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 CROFTERS sales from June 1997 and December 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 June 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2017 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might CROFTERS be worth now?

CROFTERS might now be worth an estimated £698,293.

This is based on house price inflation of 17.4%, between December 2017 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 17.4% inflationary increase is applied to the most recent sale price for CROFTERS of £595,000 on 19th December 2017. For the value to have increased from £595,000 to £698,293 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of CROFTERS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The December 2017 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of CROFTERS has not materially changed since December 2017.

How Large is CROFTERS?

CROFTERS is 199m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 20% 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 CROFTERS lies on this distribution: 84% of detached houses houses are smaller than CROFTERS, and 16% of houses are larger. Note that EPC data is not available for all properties in Ridgewell.

CROFTERS: Plot and Title Map

CROFTERS sits on a plot of roughly 0.242 of an acre, or 981m². The below map shows the location of CROFTERS, 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 CROFTERS). 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 CROFTERS?

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