40, SPRING ROAD, BRIGHTLINGSEA, COLCHESTER, CO7 0PJ - £267,500

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.

40 SPRING ROAD is a midsized extended terraced house of 98m², built sometime before 1900, which could now be worth an estimated £290,983. It was last sold for £267,500 in November 2021, which was around 39% above the average November 2021 terraced price in the Tendring local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was B.

40 SPRING ROAD Sold Prices

Land registry data shows five sales for 40 SPRING ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Tendring local authority area for the corresponding sale date. All of the five 40 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
2021 9 NOV	£267,500	£192,451	39% above HPI
2017 10 FEB	£197,000	£155,674	27% above HPI
2006 3 NOV	£166,000	£128,426	29% above HPI
2004 21 JAN	£131,000	£99,963	31% above HPI
1995 18 DEC	£45,000	£32,268	39% above HPI

40 SPRING ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tendring local authority area over time, sourced from the HPI. The five 40 SPRING ROAD sales between December 1995 and November 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 February 2017 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 40 SPRING ROAD be worth now?

40 SPRING ROAD might now be worth an estimated £290,983.

This is based on house price inflation of 8.8%, between November 2021 and July 2025, for terraced 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 8.8% inflationary increase is applied to the most recent sale price for 40 SPRING ROAD of £267,500 on 9th November 2021. For the value to have increased from £267,500 to £290,983 over the four years and four months to July 2025, the following assumptions must hold true:

• The value of 40 SPRING ROAD has moved in line with the HPI for terraced houses in the Tendring local authority area.
• The November 2021 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 40 SPRING ROAD has not materially changed since November 2021.

How Large is 40 SPRING ROAD?

40 SPRING ROAD is 98m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of terraced houses houses in Brightlingsea, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Brightlingsea, and where 40 SPRING ROAD lies on this distribution: 42% of terraced houses houses are smaller than 40 SPRING ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Brightlingsea.

40 SPRING ROAD: Plot and Title Map

40 SPRING ROAD sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 40 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 40 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 40 SPRING ROAD?

40 SPRING ROAD is located in BRIGHTLINGSEA, in the CO7 postcode district. The below map shows the position of No. 40 on SPRING ROAD.