HARKSTEAD, RYE MILL LANE, FEERING, COLCHESTER, CO5 9SA - £700,000

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.

HARKSTEAD is a very large extended detached house of 182m², built sometime between 1950 and 1966, which could now be worth an estimated £893,470. It was last sold for £700,000 in November 2016, which was around 55% above the average November 2016 detached price in the Braintree local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

HARKSTEAD Sold Prices

Land registry data shows two sales for HARKSTEAD 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. One of the two HARKSTEAD sales was for above the average price, whilst the other was 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
2016 14 NOV	£700,000	£452,470	55% above HPI
1995 18 DEC	£87,500	£97,373	10% below HPI

HARKSTEAD 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 HARKSTEAD sales from December 1995 and November 2016 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 December 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2016 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might HARKSTEAD be worth now?

HARKSTEAD might now be worth an estimated £893,470.

This is based on house price inflation of 27.6%, between November 2016 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 27.6% inflationary increase is applied to the most recent sale price for HARKSTEAD of £700,000 on 14th November 2016. For the value to have increased from £700,000 to £893,470 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of HARKSTEAD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2016 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of HARKSTEAD has not materially changed since November 2016.

How Large is HARKSTEAD?

HARKSTEAD is 182m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses houses in Feering, based on EPC data. The below chart shows the distribution of detached houses houses by size in Feering, and where HARKSTEAD lies on this distribution: 87% of detached houses houses are smaller than HARKSTEAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Feering.

HARKSTEAD: Plot and Title Map

HARKSTEAD sits on a plot of roughly 0.241 of an acre, or 976m². The below map shows the location of HARKSTEAD, 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 HARKSTEAD). 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 HARKSTEAD?

HARKSTEAD is located on RYE MILL LANE in FEERING, in the CO5 postcode district. The below map shows the position of HARKSTEAD on RYE MILL LANE.