Model valuation£417,0008 Busby Close
Local market context
Estimated value
£863,000
Newest record on this page: November 2023. Land Registry and EPC registers update monthly, so this page can trail them by 2–3 months.
Our estimate
£863,000
Your note and figure are shown publicly on this page.
The estimate for The Grist Mill is modelled from its 279 m² EPC floor area, its 1 recorded sale and recent sales of comparable homes in CO3 4AR. It is an automated estimate, not a survey or mortgage valuation: condition, layout and improvements that aren't on record can move the real figure either way.
Floor area
279 m² from the EPC lodged in January 2019
Sales of this home
1 sale recorded, the latest in 2015
Recent sales in CO3 4AR
5 sales, median £637,500 (2023–2015)
| Data | This page | Full report |
|---|---|---|
| Sales | Latest sale shown: November 2023 | Latest available records, read when you order |
| Valuation | Estimate from the last refresh | Analysed against comparable sales |
| Planning | 1 of 9 applications | Full history, plus nearby schemes |
| Flood risk | Not shown | Included |
The Grist Mill valuation sits well clear of the typical sold price in this postcode.
30 January 2015Most recent
£500,000
Median price across the last 5 sales in CO3 4AR: £637,500 (2023–2015).
Mill Paddock, Spring Lane, Lexden Bridge Hamlet, Colchester, CO3 4AR
Sold Nov 2023
The Mill House, Spring Lane, Lexden Bridge Hamlet, Colchester, CO3 4AR
Sold May 2021
The Bridge House, Spring Lane, Lexden Bridge Hamlet, Colchester, CO3 4AR
Sold Oct 2015
15 Spring Lane, Lexden Bridge Hamlet, Colchester, CO3 4AR
Sold May 2015
14 Spring Lane, Lexden Bridge Hamlet, Colchester, CO3 4AR
Sold Apr 2015
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The Grist Mill is a detached house in Lexden Bridge Hamlet, Colchester, Colchester (CO3 4AR). It has a recorded floor area of 279 m² (around 3003 sq ft), construction records dating it to before 1900 and council tax band F. The latest certificate (January 2019) shows a C (score 71). When first surveyed in February 2009 the rating was F, the property has climbed 3 bands since. Between certificates, roof efficiency went from Average to Good, window efficiency went from Very Poor to Good and lighting went from Poor to Very Good. The recommended improvements would push it to B (score 83). Main heating runs on electricity.
At 279 m² the property is well over the postcode median (122 m² across 4 EPCs), placing it in the larger end of the local stock. Its energy rating outperforms most of the postcode (better than 75% of similar EPCs). Today's modelled estimate of £863,000 sits 72.6% above the 2015 sale of £500,000. On a £-per-square-foot basis, the last sale (£166/sq ft) was about 42.7% below the postcode norm. 9 planning records sit against the property, 7 approved, 2 refused. Past consents include an extension and a conservatory, meaningful when judging how the property has evolved. 12 years since the last transfer (January 2015).
The true value, the hidden risks and the full sale history, in one report.
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Certificate validity
Valid until 8 January 2029
Changes detected from historical EPC data
Heat pump installed, significantly improving energy efficiency
Changed to a more efficient fuel source
Heating controls upgraded for better temperature management
Hot water efficiency decreased
Single glazing replaced with double or better glazing
More low energy lighting installed
Hot water efficiency improved
Loft insulation installed or upgraded to 250mm+
The Grist Mill has been through 7 approved planning applications — a well-evolved property.
9 applications on record at The Grist Mill, Spring Lane, Lexden Bridge Hamlet, Colchester, CO3 4AR
Extension: Side and rear of property
Proposed two storey side and rear extension and new Carport with new Home Office within the roofspace.
+ 6 more applications in the report
You're seeing the shape of it. The report has the substance.
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On price per m², The Grist Mill runs well behind the street norm.
Price per m²
£1,792
Street avg £2,890
Floor Area
279 m²
Street avg 148 m²
Habitable Rooms
5 rooms
Street avg 6 rooms
CO₂ Emissions
5.8 t/year
Street avg 8.6 t/year
Crime
229/mo
Steady year-on-year across the wider district.
Nearest stop
0.5 km
Church — bus stop.
Closest school
1.2 km
Home Farm Primary School. 27 schools nearby.
Go deeper on the local area
A Local Area report breaks down crime, transport links, schools and air quality in depth.

Daytime· 07:00 – 23:00
59.4dB

Night-time· 23:00 – 07:00
52.7dB
Get a survey for this property
Because the property was built before 1919, has been extended more than once, and has no mains gas supply, we believe a Level 3 building survey should be considered.
From £1,360 · Includes VAT
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