2, CHESTNUT ROAD, ALRESFORD, COLCHESTER, CO7 8DR - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CHESTNUT ROAD is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £235,000 in July 2014, which was around 8% above the average July 2014 detached price in the Tendring local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was C.

2 CHESTNUT ROAD Sold Prices

Land registry data shows two sales for 2 CHESTNUT ROAD 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. One of the two 2 CHESTNUT ROAD sales was for above the average price, whilst the other 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
2014 11 JUL	£235,000	£217,461	8% above HPI
2012 5 OCT	£190,000	£202,667	6% below HPI

2 CHESTNUT 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 two 2 CHESTNUT ROAD sales from October 2012 and July 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 October 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2014 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 CHESTNUT ROAD?

2 CHESTNUT ROAD is 66m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Alresford, based on EPC data. The below chart shows the distribution of detached houses by size in Alresford, and where 2 CHESTNUT ROAD lies on this distribution: 3% of detached houses are smaller than 2 CHESTNUT ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Alresford.

2 CHESTNUT ROAD: Plot and Title Map

2 CHESTNUT ROAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 2 CHESTNUT 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 2 CHESTNUT 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 2 CHESTNUT ROAD?

2 CHESTNUT ROAD is located in ALRESFORD, in the CO7 postcode district. The below map shows the position of No. 2 on CHESTNUT ROAD.