HOLLY BANK, BURNT OAK, EAST BERGHOLT, COLCHESTER, CO7 6TL - £865,000

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

HOLLY BANK is a very large detached house of 235m², built sometime between 1900 and 1929. It was last sold for £865,000 in September 2019, which was around 109% above the average September 2019 detached price in the Babergh local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

HOLLY BANK Sold Prices

Land registry data shows two sales for HOLLY BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two HOLLY BANK 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 25 SEP	£865,000	£414,305	109% above HPI
1998 12 OCT	£285,000	£103,761	175% above HPI

HOLLY BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two HOLLY BANK sales from October 1998 and September 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 1998 sale was for 175% above the HPI. So the extrapolation line tracks at 175% above the HPI over time, until the September 2019 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is HOLLY BANK?

HOLLY BANK is 235m² according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses in East Bergholt, based on EPC data. The below chart shows the distribution of detached houses by size in East Bergholt, and where HOLLY BANK lies on this distribution: 89% of detached houses are smaller than HOLLY BANK, and 11% of houses are larger. Note that EPC data is not available for all properties in East Bergholt.

HOLLY BANK: Plot and Title Map

HOLLY BANK sits on a plot of roughly 0.400 of an acre, or 1,619m². The below map shows the location of HOLLY BANK, 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 HOLLY BANK). 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 HOLLY BANK?

HOLLY BANK is located on BURNT OAK in EAST BERGHOLT, in the CO7 postcode district. The below map shows the position of HOLLY BANK on BURNT OAK.