2, ROWAN CLOSE, GREAT BENTLEY, COLCHESTER, CO7 8NY - £295,000

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.

2 ROWAN CLOSE is a very small semi-detached house of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £316,416. It was last sold for £295,000 in December 2021, which was around 22% above the average December 2021 semi-detached price in the Tendring local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

2 ROWAN CLOSE Sold Prices

Land registry data shows two sales for 2 ROWAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Tendring local authority area for the corresponding sale date. Both of the two 2 ROWAN CLOSE 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
2021 15 DEC	£295,000	£242,155	22% above HPI
2014 16 MAY	£178,000	£151,469	18% above HPI

2 ROWAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tendring local authority area over time, sourced from the HPI. The two 2 ROWAN CLOSE sales from May 2014 and December 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 May 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2021 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 2 ROWAN CLOSE be worth now?

2 ROWAN CLOSE might now be worth an estimated £316,416.

This is based on house price inflation of 7.3%, between December 2021 and February 2025, for semi-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 7.3% inflationary increase is applied to the most recent sale price for 2 ROWAN CLOSE of £295,000 on 15th December 2021. For the value to have increased from £295,000 to £316,416 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 ROWAN CLOSE has moved in line with the HPI for semi-detached houses in the Tendring local authority area.
• The December 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROWAN CLOSE has not materially changed since December 2021.

How Large is 2 ROWAN CLOSE?

2 ROWAN CLOSE is 60m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of semi-detached houses houses in Great Bentley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Bentley, and where 2 ROWAN CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 2 ROWAN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Great Bentley.

2 ROWAN CLOSE: Plot and Title Map

2 ROWAN CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 2 ROWAN CLOSE, 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 2 ROWAN CLOSE). 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 2 ROWAN CLOSE?

2 ROWAN CLOSE is located in GREAT BENTLEY, in the CO7 postcode district. The below map shows the position of No. 2 on ROWAN CLOSE.