RED HOUSE, HARWICH ROAD, GREAT BROMLEY, COLCHESTER, CO7 7UL - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

RED HOUSE is a large extended detached house of 148m², built sometime before 1900, which could now be worth an estimated £451,066. It was last sold for £450,000 in July 2024, which was around 19% above the average July 2024 detached price in the Tendring local authority area. The most recent EPC inspection was May 2014, where the current energy rating was F, and the potential energy rating was D.

RED HOUSE Sold Prices

Land registry data shows three sales for RED HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. All of the three RED HOUSE 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
2024 15 JUL	£450,000	£377,697	19% above HPI
2021 1 FEB	£360,000	£333,263	8% above HPI
2015 25 NOV	£278,750	£256,998	8% above HPI

RED HOUSE 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 three RED HOUSE sales between November 2015 and July 2024 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 2021 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2024 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might RED HOUSE be worth now?

RED HOUSE might now be worth an estimated £451,066.

This is based on house price inflation of 0.2%, between July 2024 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 0.2% inflationary increase is applied to the most recent sale price for RED HOUSE of £450,000 on 15th July 2024. For the value to have increased from £450,000 to £451,066 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of RED HOUSE has moved in line with the HPI for detached houses in the Tendring local authority area.
• The July 2024 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of RED HOUSE has not materially changed since July 2024.

How Large is RED HOUSE?

RED HOUSE is 148m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses houses in Hare Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hare Green, and where RED HOUSE lies on this distribution: 72% of detached houses houses are smaller than RED HOUSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Hare Green.

RED HOUSE: Plot and Title Map

RED HOUSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of RED HOUSE, 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 RED HOUSE). 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 RED HOUSE?

RED HOUSE is located on HARWICH ROAD in GREAT BROMLEY, in the CO7 postcode district. The below map shows the position of RED HOUSE on HARWICH ROAD.