THE RECTORY, CHURCH LANE, RIDGEWELL, HALSTEAD, CO9 4SA - £780,000

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.

THE RECTORY is a very large extended detached house of 235m², built sometime before 1900, which could now be worth an estimated £891,152. It was last sold for £780,000 in November 2018, which was around 54% above the average November 2018 detached price in the Braintree local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

THE RECTORY Sold Prices

Land registry data shows three sales for THE RECTORY 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 THE RECTORY 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
2018 26 NOV	£780,000	£505,492	54% above HPI
2016 30 NOV	£700,000	£452,470	55% above HPI
2014 11 AUG	£450,000	£370,585	21% above HPI

THE RECTORY 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 THE RECTORY sales between August 2014 and November 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 November 2016 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the November 2018 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might THE RECTORY be worth now?

THE RECTORY might now be worth an estimated £891,152.

This is based on house price inflation of 14.3%, between November 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 14.3% inflationary increase is applied to the most recent sale price for THE RECTORY of £780,000 on 26th November 2018. For the value to have increased from £780,000 to £891,152 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of THE RECTORY has moved in line with the HPI for detached houses in the Braintree local authority area.
• The November 2018 sale price of £780,000 represented a fair market value for the property.
• The size, condition, and specification of THE RECTORY has not materially changed since November 2018.

How Large is THE RECTORY?

THE RECTORY is 235m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses houses in Ridgewell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ridgewell, and where THE RECTORY lies on this distribution: 91% of detached houses houses are smaller than THE RECTORY, and 9% of houses are larger. Note that EPC data is not available for all properties in Ridgewell.

THE RECTORY: Plot and Title Map

THE RECTORY sits on a plot of roughly 0.444 of an acre, or 1,796m². The below map shows the location of THE RECTORY, 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 THE RECTORY). 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 THE RECTORY?

THE RECTORY is located on CHURCH LANE in RIDGEWELL, in the CO9 postcode district. The below map shows the position of THE RECTORY on CHURCH LANE.