HOMEWOOD, CHURCH ROAD, THORRINGTON, COLCHESTER, CO7 8HS - £380,000

HOMEWOOD is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £380,000 in May 2016, which was around 51% above the average May 2016 detached price in the Tendring local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

HOMEWOOD Sold Prices

Land registry data shows two sales for HOMEWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Both of the two HOMEWOOD 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 20 MAY	£380,000	£251,214	51% above HPI
1998 26 JAN	£120,000	£70,933	69% above HPI

HOMEWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two HOMEWOOD sales from January 1998 and May 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 January 1998 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the May 2016 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is HOMEWOOD?

HOMEWOOD is 82m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Thorrington, based on EPC data. The below chart shows the distribution of detached houses by size in Thorrington, and where HOMEWOOD lies on this distribution: 16% of detached houses are smaller than HOMEWOOD, and 83% of houses are larger. Note that EPC data is not available for all properties in Thorrington.

HOMEWOOD: Plot and Title Map

HOMEWOOD sits on a plot of roughly 0.340 of an acre, or 1,377m². The below map shows the location of HOMEWOOD, 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 HOMEWOOD). 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 HOMEWOOD?

HOMEWOOD is located on CHURCH ROAD in THORRINGTON, in the CO7 postcode district. The below map shows the position of HOMEWOOD on CHURCH ROAD.