REDMAYS, WORLDS END LANE, FEERING, COLCHESTER, CO5 9NJ - £765,200

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

REDMAYS is a large detached house of 145m², built sometime between 1950 and 1966. It was last sold for £765,200 in August 2022, which was around 43% above the average August 2022 detached price in the Braintree local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

REDMAYS Sold Prices

Land registry data shows two sales for REDMAYS 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. Both of the two REDMAYS 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
2022 18 AUG	£765,200	£536,848	43% above HPI
2006 18 APR	£330,000	£283,816	16% above HPI

REDMAYS 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 REDMAYS sales from April 2006 and August 2022 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 April 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2022 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is REDMAYS?

REDMAYS is 145m² according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses in Feering, based on EPC data. The below chart shows the distribution of detached houses by size in Feering, and where REDMAYS lies on this distribution: 76% of detached houses are smaller than REDMAYS, and 23% of houses are larger. Note that EPC data is not available for all properties in Feering.

REDMAYS: Plot and Title Map

REDMAYS sits on a plot of roughly 0.270 of an acre, or 1,092m². The below map shows the location of REDMAYS, 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 REDMAYS). 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 REDMAYS?

REDMAYS is located on WORLDS END LANE in FEERING, in the CO5 postcode district. The below map shows the position of REDMAYS on WORLDS END LANE.