2, SPRING ROAD, BRIGHTLINGSEA, COLCHESTER, CO7 0PJ - £455,000

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 SPRING ROAD is a very large detached house of 241m², built sometime before 1900. It was last sold for £455,000 in August 2019, which was around 54% above the average August 2019 detached price in the Tendring local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

2 SPRING ROAD Sold Prices

Land registry data shows two sales for 2 SPRING 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. Both of the two 2 SPRING ROAD 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
2019 28 AUG	£455,000	£296,323	54% above HPI
2003 30 OCT	£315,000	£181,147	74% above HPI

2 SPRING 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 SPRING ROAD sales from October 2003 and August 2019 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 2003 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the August 2019 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 2 SPRING ROAD?

2 SPRING ROAD is 241m² according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Brightlingsea, based on EPC data. The below chart shows the distribution of detached houses by size in Brightlingsea, and where 2 SPRING ROAD lies on this distribution: 98% of detached houses are smaller than 2 SPRING ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Brightlingsea.

2 SPRING ROAD: Plot and Title Map

2 SPRING ROAD sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 2 SPRING 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 SPRING 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 SPRING ROAD?

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