MILLVAIN, TOPPESFIELD ROAD, GREAT YELDHAM, HALSTEAD, CO9 4HD - £350,000

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.

MILLVAIN is a very small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £407,598. It was last sold for £350,000 in September 2018, which was around 29% below the average September 2018 detached price in the Braintree local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

MILLVAIN Sold Prices

Land registry data shows four sales for MILLVAIN 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. All of the four MILLVAIN 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
2018 5 SEP	£350,000	£495,915	29% below HPI
2015 23 OCT	£250,000	£410,046	39% below HPI
2011 2 DEC	£170,000	£317,417	46% below HPI
2011 25 MAY	£167,000	£317,915	47% below HPI

MILLVAIN 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 MILLVAIN sales between May 2011 and September 2018 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 October 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might MILLVAIN be worth now?

MILLVAIN might now be worth an estimated £407,598.

This is based on house price inflation of 16.5%, between September 2018 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 16.5% inflationary increase is applied to the most recent sale price for MILLVAIN of £350,000 on 5th September 2018. For the value to have increased from £350,000 to £407,598 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of MILLVAIN has moved in line with the HPI for detached houses in the Braintree local authority area.
• The September 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of MILLVAIN has not materially changed since September 2018.

How Large is MILLVAIN?

MILLVAIN is 87m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses houses in Great Yeldham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Yeldham, and where MILLVAIN lies on this distribution: 16% of detached houses houses are smaller than MILLVAIN, and 84% of houses are larger. Note that EPC data is not available for all properties in Great Yeldham.

MILLVAIN: Plot and Title Map

MILLVAIN sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of MILLVAIN, 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 MILLVAIN). 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 MILLVAIN?

MILLVAIN is located on TOPPESFIELD ROAD in GREAT YELDHAM, in the CO9 postcode district. The below map shows the position of MILLVAIN on TOPPESFIELD ROAD.