LAKEVIEW, POTTERY LANE, CASTLE HEDINGHAM, HALSTEAD, CO9 3EU - £442,500

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.

LAKEVIEW is a midsized detached house of 131m², built sometime between 1991 and 1995, which could now be worth an estimated £623,236. It was last sold for £442,500 in October 2015, which was around 8% above the average October 2015 detached price in the Braintree local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

LAKEVIEW Sold Prices

Land registry data shows three sales for LAKEVIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three LAKEVIEW 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
2015 21 OCT	£442,500	£410,046	8% above HPI
2010 23 MAR	£425,000	£315,714	35% above HPI
2004 23 JUL	£337,500	£286,604	18% above HPI

LAKEVIEW 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 three LAKEVIEW sales between July 2004 and October 2015 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 March 2010 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might LAKEVIEW be worth now?

LAKEVIEW might now be worth an estimated £623,236.

This is based on house price inflation of 40.8%, between October 2015 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 40.8% inflationary increase is applied to the most recent sale price for LAKEVIEW of £442,500 on 21st October 2015. For the value to have increased from £442,500 to £623,236 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of LAKEVIEW has moved in line with the HPI for detached houses in the Braintree local authority area.
• The October 2015 sale price of £442,500 represented a fair market value for the property.
• The size, condition, and specification of LAKEVIEW has not materially changed since October 2015.

How Large is LAKEVIEW?

LAKEVIEW is 131m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 50% of detached houses houses in Castle Hedingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Castle Hedingham, and where LAKEVIEW lies on this distribution: 47% of detached houses houses are smaller than LAKEVIEW, and 53% of houses are larger. Note that EPC data is not available for all properties in Castle Hedingham.

LAKEVIEW: Plot and Title Map

LAKEVIEW sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of LAKEVIEW, 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 LAKEVIEW). 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 LAKEVIEW?

LAKEVIEW is located on POTTERY LANE in CASTLE HEDINGHAM, in the CO9 postcode district. The below map shows the position of LAKEVIEW on POTTERY LANE.