10, WELLFIELD WAY, KIRBY CROSS, FRINTON-ON-SEA, CO13 0PH - £325,000

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.

10 WELLFIELD WAY is a very small detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £369,205. It was last sold for £325,000 in February 2021, which was around 2% below the average February 2021 detached price in the Tendring local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

10 WELLFIELD WAY Sold Prices

Land registry data shows two sales for 10 WELLFIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Both of the two 10 WELLFIELD WAY sales were for below 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
2021 18 FEB	£325,000	£333,263	2% below HPI
2018 9 MAR	£250,000	£314,157	20% below HPI

10 WELLFIELD WAY 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 two 10 WELLFIELD WAY sales from March 2018 and February 2021 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 March 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 10 WELLFIELD WAY be worth now?

10 WELLFIELD WAY might now be worth an estimated £369,205.

This is based on house price inflation of 13.6%, between February 2021 and February 2025, 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 13.6% inflationary increase is applied to the most recent sale price for 10 WELLFIELD WAY of £325,000 on 18th February 2021. For the value to have increased from £325,000 to £369,205 over the four years to February 2025, the following assumptions must hold true:

• The value of 10 WELLFIELD WAY has moved in line with the HPI for detached houses in the Tendring local authority area.
• The February 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 10 WELLFIELD WAY has not materially changed since February 2021.

How Large is 10 WELLFIELD WAY?

10 WELLFIELD WAY is 72m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses houses in Kirby Cross, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirby Cross, and where 10 WELLFIELD WAY lies on this distribution: 13% of detached houses houses are smaller than 10 WELLFIELD WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Kirby Cross.

10 WELLFIELD WAY: Plot and Title Map

10 WELLFIELD WAY sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 10 WELLFIELD WAY, 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 10 WELLFIELD WAY). 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 10 WELLFIELD WAY?

10 WELLFIELD WAY is located in KIRBY CROSS, in the CO13 postcode district. The below map shows the position of No. 10 on WELLFIELD WAY.