PARK LANE BUNGALOW, MITCHELL AVENUE, HALSTEAD, CO9 1DP - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PARK LANE BUNGALOW is a large detached house of 124m², built sometime between 2003 and 2006. It was last sold for £260,000 in November 2011, which was around 15% below the average November 2011 detached price in the Braintree local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

PARK LANE BUNGALOW Sold Prices

Land registry data shows two sales for PARK LANE BUNGALOW 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 PARK LANE BUNGALOW sales was for below the average price, whilst the other was 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
2011 25 NOV	£260,000	£307,335	15% below HPI
2006 12 JUL	£320,000	£294,225	9% above HPI

PARK LANE BUNGALOW 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 PARK LANE BUNGALOW sales from July 2006 and November 2011 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 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is PARK LANE BUNGALOW?

PARK LANE BUNGALOW is 124m² according to the EPC inspection conducted in April 2011. This puts it in the largest 40% of detached houses in Halstead, based on EPC data. The below chart shows the distribution of detached houses by size in Halstead, and where PARK LANE BUNGALOW lies on this distribution: 65% of detached houses are smaller than PARK LANE BUNGALOW, and 35% of houses are larger. Note that EPC data is not available for all properties in Halstead.

PARK LANE BUNGALOW: Plot and Title Map

PARK LANE BUNGALOW sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of PARK LANE BUNGALOW, 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 PARK LANE BUNGALOW). 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 PARK LANE BUNGALOW?

PARK LANE BUNGALOW is located on MITCHELL AVENUE in HALSTEAD, in the CO9 postcode district. The below map shows the position of PARK LANE BUNGALOW on MITCHELL AVENUE.