IVY HOUSE, DRURY LANE, RIDGEWELL, HALSTEAD, CO9 4SW - £725,000

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

IVY HOUSE is a very large extended detached house of 275m², built sometime before 1900. It was last sold for £725,000 in July 2014, which was around 105% above the average July 2014 detached price in the Braintree local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

IVY HOUSE Sold Prices

Land registry data shows five sales for IVY HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the five IVY HOUSE 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
2014 14 JUL	£725,000	£352,868	105% above HPI
2005 22 JUL	£500,000	£280,425	78% above HPI
2002 17 DEC	£470,000	£236,934	98% above HPI
1999 15 JUL	£147,500	£124,072	19% above HPI
1995 11 AUG	£118,000	£94,110	25% above HPI

IVY 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 five IVY HOUSE sales between August 1995 and July 2014 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 2005 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the July 2014 sale, where it rises to 105% above the HPI. The line then continues to track at 105% above the HPI.

How Large is IVY HOUSE?

IVY HOUSE is 275m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 10% of detached houses in Ridgewell, based on EPC data. The below chart shows the distribution of detached houses by size in Ridgewell, and where IVY HOUSE lies on this distribution: 96% of detached houses are smaller than IVY HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Ridgewell.

IVY HOUSE: Plot and Title Map

IVY HOUSE sits on a plot of roughly 1.6 acres, or 6,538m². The below map shows the location of IVY 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 IVY 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 IVY HOUSE?

IVY HOUSE is located on DRURY LANE in RIDGEWELL, in the CO9 postcode district. The below map shows the position of IVY HOUSE on DRURY LANE.