1, NEW ROAD, MISTLEY, MANNINGTREE, CO11 2AE - £360,000

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.

1 NEW ROAD is a midsized detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £602,964. It was last sold for £360,000 in May 2014, which was around 63% above the average May 2014 detached price in the Tendring local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

1 NEW ROAD Sold Prices

Land registry data shows three sales for 1 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. All of the three 1 NEW ROAD 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
2014 2 MAY	£360,000	£220,200	63% above HPI
2007 17 JUL	£345,000	£250,224	38% above HPI
2000 11 DEC	£160,500	£113,486	41% above HPI

1 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The three 1 NEW ROAD sales between December 2000 and May 2014 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 2007 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2014 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 1 NEW ROAD be worth now?

1 NEW ROAD might now be worth an estimated £602,964.

This is based on house price inflation of 67.5%, between May 2014 and May 2026, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.5% inflationary increase is applied to the most recent sale price for 1 NEW ROAD of £360,000 on 2nd May 2014. For the value to have increased from £360,000 to £602,964 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 1 NEW ROAD has moved in line with the HPI for detached houses in the Tendring local authority area.
• The May 2014 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NEW ROAD has not materially changed since May 2014.

How Large is 1 NEW ROAD?

1 NEW ROAD is 132m² according to the EPC inspection conducted in October 2011. This puts it in the largest 50% of detached houses houses in Manningtree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manningtree, and where 1 NEW ROAD lies on this distribution: 56% of detached houses houses are smaller than 1 NEW ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Manningtree.

1 NEW ROAD: Plot and Title Map

1 NEW ROAD sits on a plot of roughly 0.321 of an acre, or 1,298m². The below map shows the location of 1 NEW ROAD, 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 1 NEW ROAD). 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 1 NEW ROAD?

1 NEW ROAD is located in MISTLEY, in the CO11 postcode district. The below map shows the position of No. 1 on NEW ROAD.