15, HEATH ROAD, ALRESFORD, COLCHESTER, CO7 8DS - £370,000

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.

15 HEATH ROAD is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £417,366. It was last sold for £370,000 in June 2021, which was around 10% above the average June 2021 detached price in the Tendring local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.

15 HEATH ROAD Sold Prices

Land registry data shows three sales for 15 HEATH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Two of the three 15 HEATH ROAD sales were for above the average price, whilst one was for below 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 21 JUN	£370,000	£335,626	10% above HPI
2017 7 APR	£310,000	£299,546	3% above HPI
1996 24 JUN	£48,000	£66,792	28% below HPI

15 HEATH ROAD 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 15 HEATH ROAD sales between June 1996 and June 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 April 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 15 HEATH ROAD be worth now?

15 HEATH ROAD might now be worth an estimated £417,366.

This is based on house price inflation of 12.8%, between June 2021 and February 2025, for 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 12.8% inflationary increase is applied to the most recent sale price for 15 HEATH ROAD of £370,000 on 21st June 2021. For the value to have increased from £370,000 to £417,366 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 15 HEATH ROAD has moved in line with the HPI for detached houses in the Tendring local authority area.
• The June 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HEATH ROAD has not materially changed since June 2021.

How Large is 15 HEATH ROAD?

15 HEATH ROAD is 76m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses houses in Alresford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alresford, and where 15 HEATH ROAD lies on this distribution: 12% of detached houses houses are smaller than 15 HEATH ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Alresford.

15 HEATH ROAD: Plot and Title Map

15 HEATH ROAD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 15 HEATH ROAD, 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 15 HEATH ROAD). 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 15 HEATH ROAD?

15 HEATH ROAD is located in ALRESFORD, in the CO7 postcode district. The below map shows the position of No. 15 on HEATH ROAD.