23, WILFREDS WAY, BRIGHTLINGSEA, COLCHESTER, CO7 0FP - £375,000

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.

23 WILFREDS WAY is a midsized terraced house of 118m², which could now be worth an estimated £346,432. It was last sold for £375,000 in September 2022, which was around 73% above the average September 2022 terraced price in the Tendring local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

23 WILFREDS WAY Sold Prices

Land registry data shows two sales for 23 WILFREDS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Tendring local authority area for the corresponding sale date. Both of the two 23 WILFREDS WAY 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
2022 30 SEP	£375,000	£217,235	73% above HPI
2018 26 MAR	£299,995	£167,257	79% above HPI

23 WILFREDS WAY 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 two 23 WILFREDS WAY sales from March 2018 and September 2022 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 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the September 2022 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 23 WILFREDS WAY be worth now?

23 WILFREDS WAY might now be worth an estimated £346,432.

This is based on house price deflation of 7.6%, between September 2022 and March 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 7.6% deflationary decrease is applied to the most recent sale price for 23 WILFREDS WAY of £375,000 on 30th September 2022. For the value to have decreased from £375,000 to £346,432 over the four years and six months to March 2026, the following assumptions must hold true:

• The value of 23 WILFREDS WAY has moved in line with the HPI for terraced houses in the Tendring local authority area.
• The September 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 23 WILFREDS WAY has not materially changed since September 2022.

How Large is 23 WILFREDS WAY?

23 WILFREDS WAY is 118m² according to the EPC inspection conducted in March 2018. This puts it in the largest 50% 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 23 WILFREDS WAY lies on this distribution: 58% of terraced houses houses are smaller than 23 WILFREDS WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Brightlingsea.

23 WILFREDS WAY: Plot and Title Map

23 WILFREDS WAY sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 23 WILFREDS 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 23 WILFREDS 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 23 WILFREDS WAY?

23 WILFREDS WAY is located in BRIGHTLINGSEA, in the CO7 postcode district. The below map shows the position of No. 23 on WILFREDS WAY.