STENETS, THE PATH, GREAT BENTLEY, COLCHESTER, CO7 8PN - £222,500

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.

STENETS is a very large extended semi-detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £390,798. It was last sold for £222,500 in May 2013, which was around 54% above the average May 2013 semi-detached price in the Tendring local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

STENETS Sold Prices

Land registry data shows three sales for STENETS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Tendring local authority area for the corresponding sale date. All of the three STENETS 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
2013 14 MAY	£222,500	£144,435	54% above HPI
2012 20 JUN	£185,000	£147,402	26% above HPI
2001 18 JUL	£108,000	£79,449	36% above HPI

STENETS 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 three STENETS sales between July 2001 and May 2013 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 June 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2013 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might STENETS be worth now?

STENETS might now be worth an estimated £390,798.

This is based on house price inflation of 75.6%, between May 2013 and May 2026, 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 75.6% inflationary increase is applied to the most recent sale price for STENETS of £222,500 on 14th May 2013. For the value to have increased from £222,500 to £390,798 over the thirteen years to May 2026, the following assumptions must hold true:

• The value of STENETS has moved in line with the HPI for semi-detached houses in the Tendring local authority area.
• The May 2013 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of STENETS has not materially changed since May 2013.

How Large is STENETS?

STENETS is 118m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 20% of semi-detached houses in Great Bentley, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Great Bentley, and where STENETS lies on this distribution: 88% of semi-detached houses are smaller than STENETS, and 11% of semi-detached houses are larger. Note that EPC data is not available for all properties in Great Bentley.