14, SPRINGFIELDS, BRIGHTLINGSEA, COLCHESTER, CO7 0LU - £135,000

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.

14 SPRINGFIELDS is a very small flat of 41m², built sometime between 1983 and 1990, which could now be worth an estimated £115,414. It was last sold for £135,000 in August 2022, which was around 10% below the average August 2022 flat price in the Tendring local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

14 SPRINGFIELDS Sold Prices

Land registry data shows four sales for 14 SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Tendring local authority area for the corresponding sale date. All of the four 14 SPRINGFIELDS 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
2022 3 AUG	£135,000	£149,715	10% below HPI
2012 13 SEP	£65,000	£92,059	29% below HPI
2004 6 AUG	£65,000	£95,659	32% below HPI
1998 31 MAR	£26,000	£31,111	16% below HPI

What might 14 SPRINGFIELDS be worth now?

14 SPRINGFIELDS might now be worth an estimated £115,414.

This is based on house price deflation of 14.5%, between August 2022 and April 2026, for flats, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.5% deflationary decrease is applied to the most recent sale price for 14 SPRINGFIELDS of £135,000 on 3rd August 2022. For the value to have decreased from £135,000 to £115,414 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 14 SPRINGFIELDS has moved in line with the HPI for flats in the Tendring local authority area.
• The August 2022 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SPRINGFIELDS has not materially changed since August 2022.

How Large is 14 SPRINGFIELDS?

14 SPRINGFIELDS is 41m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of flats in Brightlingsea, based on EPC data. 13% of flats are smaller than 14 SPRINGFIELDS, and 86% of flats are larger. Note that EPC data is not available for all properties in Brightlingsea.

14 SPRINGFIELDS: Plot

14 SPRINGFIELDS sits on a plot of roughly 1.3 acres, or 5,146m².

Where is 14 SPRINGFIELDS?

14 SPRINGFIELDS is located in BRIGHTLINGSEA, in the CO7 postcode district.