15, SPRINGFIELDS, BRIGHTLINGSEA, COLCHESTER, CO7 0LU - £149,000

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.

15 SPRINGFIELDS is a very small terraced house of 52m², built sometime between 1983 and 1990, which could now be worth an estimated £207,856. It was last sold for £149,000 in April 2016, which was around 5% above the average April 2016 terraced price in the Tendring local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

15 SPRINGFIELDS Sold Prices

Land registry data shows four sales for 15 SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Tendring local authority area for the corresponding sale date. Most of the four 15 SPRINGFIELDS 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
2016 1 APR	£149,000	£142,013	5% above HPI
2008 22 FEB	£137,500	£142,182	3% below HPI
2002 4 OCT	£96,000	£78,626	22% above HPI
1998 31 JUL	£43,200	£39,939	8% above HPI

15 SPRINGFIELDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tendring local authority area over time, sourced from the HPI. The four 15 SPRINGFIELDS sales between July 1998 and April 2016 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 February 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2016 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 15 SPRINGFIELDS be worth now?

15 SPRINGFIELDS might now be worth an estimated £207,856.

This is based on house price inflation of 39.5%, between April 2016 and April 2026, for terraced 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 39.5% inflationary increase is applied to the most recent sale price for 15 SPRINGFIELDS of £149,000 on 1st April 2016. For the value to have increased from £149,000 to £207,856 over the ten years to April 2026, the following assumptions must hold true:

• The value of 15 SPRINGFIELDS has moved in line with the HPI for terraced houses in the Tendring local authority area.
• The April 2016 sale price of £149,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPRINGFIELDS has not materially changed since April 2016.

How Large is 15 SPRINGFIELDS?

15 SPRINGFIELDS is 52m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of terraced houses houses in Brightlingsea, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Brightlingsea, and where 15 SPRINGFIELDS lies on this distribution: 1% of terraced houses houses are smaller than 15 SPRINGFIELDS, and 99% of houses are larger. Note that EPC data is not available for all properties in Brightlingsea.

15 SPRINGFIELDS: Plot and Title Map

15 SPRINGFIELDS sits on a plot of roughly 1.3 acres, or 5,146m². The below map shows the location of 15 SPRINGFIELDS, 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 15 SPRINGFIELDS). 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 15 SPRINGFIELDS?

15 SPRINGFIELDS is located in BRIGHTLINGSEA, in the CO7 postcode district. The below map shows the position of No. 15 on SPRINGFIELDS.