REDFERN, GREEN LANE, ARDLEIGH, COLCHESTER, CO7 7PE - £387,500

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.

REDFERN is a small extended detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £398,723. It was last sold for £387,500 in March 2022, which was around 5% above the average March 2022 detached price in the Tendring local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

REDFERN Sold Prices

Land registry data shows two sales for REDFERN 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. One of the two REDFERN sales was for above the average price, whilst the other was roughly equal to 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 9 MAR	£387,500	£367,936	5% above HPI
2011 14 JAN	£225,000	£224,293	Close to HPI

REDFERN 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 REDFERN sales from January 2011 and March 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 January 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might REDFERN be worth now?

REDFERN might now be worth an estimated £398,723.

This is based on house price inflation of 2.9%, between March 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 2.9% inflationary increase is applied to the most recent sale price for REDFERN of £387,500 on 9th March 2022. For the value to have increased from £387,500 to £398,723 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of REDFERN has moved in line with the HPI for detached houses in the Tendring local authority area.
• The March 2022 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of REDFERN has not materially changed since March 2022.

How Large is REDFERN?

REDFERN is 107m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses houses in Ardleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ardleigh, and where REDFERN lies on this distribution: 26% of detached houses houses are smaller than REDFERN, and 73% of houses are larger. Note that EPC data is not available for all properties in Ardleigh.

REDFERN: Plot and Title Map

REDFERN sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of REDFERN, 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 REDFERN). 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 REDFERN?

REDFERN is located on GREEN LANE in ARDLEIGH, in the CO7 postcode district. The below map shows the position of REDFERN on GREEN LANE.