27, HAZEL CLOSE, THORRINGTON, COLCHESTER, CO7 8HJ - £246,000

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.

27 HAZEL CLOSE is a midsized extended terraced house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £409,325. It was last sold for £246,000 in May 2014, which was around 103% above the average May 2014 terraced price in the Tendring local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

27 HAZEL CLOSE Sold Prices

Land registry data shows three sales for 27 HAZEL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Tendring local authority area for the corresponding sale date. All of the three 27 HAZEL 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
2014 2 MAY	£246,000	£120,937	103% above HPI
2012 19 DEC	£230,000	£117,482	96% above HPI
2002 28 MAR	£184,950	£65,268	183% above HPI

27 HAZEL CLOSE 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 three 27 HAZEL CLOSE sales between March 2002 and May 2014 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 December 2012 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the May 2014 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might 27 HAZEL CLOSE be worth now?

27 HAZEL CLOSE might now be worth an estimated £409,325.

This is based on house price inflation of 66.4%, between May 2014 and May 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 66.4% inflationary increase is applied to the most recent sale price for 27 HAZEL CLOSE of £246,000 on 2nd May 2014. For the value to have increased from £246,000 to £409,325 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 27 HAZEL CLOSE has moved in line with the HPI for terraced houses in the Tendring local authority area.
• The May 2014 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 27 HAZEL CLOSE has not materially changed since May 2014.

How Large is 27 HAZEL CLOSE?

27 HAZEL CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 50% of terraced houses houses in Thorrington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Thorrington, and where 27 HAZEL CLOSE lies on this distribution: 52% of terraced houses houses are smaller than 27 HAZEL CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Thorrington.

27 HAZEL CLOSE: Plot and Title Map

27 HAZEL CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 27 HAZEL 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 27 HAZEL 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 27 HAZEL CLOSE?

27 HAZEL CLOSE is located in THORRINGTON, in the CO7 postcode district. The below map shows the position of No. 27 on HAZEL CLOSE.