OWLSWOOD COTTAGE, COLCHESTER MAIN ROAD, ALRESFORD, COLCHESTER, CO7 8DD - £285,000

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.

OWLSWOOD COTTAGE is a very small extended detached house of 67m², built sometime before 1900, which could now be worth an estimated £270,725. It was last sold for £285,000 in November 2022, which was around 28% below the average November 2022 detached price in the Tendring local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was A.

OWLSWOOD COTTAGE Sold Prices

Land registry data shows two sales for OWLSWOOD COTTAGE 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 OWLSWOOD COTTAGE sales were 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
2022 18 NOV	£285,000	£398,554	28% below HPI
2020 4 NOV	£218,000	£327,538	33% below HPI

OWLSWOOD COTTAGE 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 OWLSWOOD COTTAGE sales from November 2020 and November 2022 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 November 2020 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might OWLSWOOD COTTAGE be worth now?

OWLSWOOD COTTAGE might now be worth an estimated £270,725.

This is based on house price deflation of 5%, between November 2022 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 5% deflationary decrease is applied to the most recent sale price for OWLSWOOD COTTAGE of £285,000 on 18th November 2022. For the value to have decreased from £285,000 to £270,725 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of OWLSWOOD COTTAGE has moved in line with the HPI for detached houses in the Tendring local authority area.
• The November 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of OWLSWOOD COTTAGE has not materially changed since November 2022.

How Large is OWLSWOOD COTTAGE?

OWLSWOOD COTTAGE is 67m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% 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 OWLSWOOD COTTAGE lies on this distribution: 4% of detached houses houses are smaller than OWLSWOOD COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Alresford.

OWLSWOOD COTTAGE: Plot and Title Map

OWLSWOOD COTTAGE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of OWLSWOOD COTTAGE, 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 OWLSWOOD COTTAGE). 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 OWLSWOOD COTTAGE?

OWLSWOOD COTTAGE is located on COLCHESTER MAIN ROAD in ALRESFORD, in the CO7 postcode district. The below map shows the position of OWLSWOOD COTTAGE on COLCHESTER MAIN ROAD.