SHERBRO, COLCHESTER MAIN ROAD, ALRESFORD, COLCHESTER, CO7 8AP - £1,300,000

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.

SHERBRO is a very large extended detached house of 163m², built sometime between 1967 and 1975, which could now be worth an estimated £1,551,514. It was last sold for £1,300,000 in August 2020, which was around 310% above the average August 2020 detached price in the Tendring local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

SHERBRO Sold Prices

Land registry data shows three sales for SHERBRO 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 SHERBRO 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
2020 27 AUG	£1,300,000	£317,219	310% above HPI
2003 14 FEB	£320,000	£180,532	77% above HPI
1997 11 DEC	£155,000	£73,641	110% above HPI

SHERBRO 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 SHERBRO sales between December 1997 and August 2020 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 2003 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the August 2020 sale, where it rises to 310% above the HPI. The line then continues to track at 310% above the HPI.

What might SHERBRO be worth now?

SHERBRO might now be worth an estimated £1,551,514.

This is based on house price inflation of 19.3%, between August 2020 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 19.3% inflationary increase is applied to the most recent sale price for SHERBRO of £1,300,000 on 27th August 2020. For the value to have increased from £1,300,000 to £1,551,514 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of SHERBRO has moved in line with the HPI for detached houses in the Tendring local authority area.
• The August 2020 sale price of £1,300,000 represented a fair market value for the property.
• The size, condition, and specification of SHERBRO has not materially changed since August 2020.

How Large is SHERBRO?

SHERBRO is 163m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 20% 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 SHERBRO lies on this distribution: 87% of detached houses houses are smaller than SHERBRO, and 13% of houses are larger. Note that EPC data is not available for all properties in Alresford.

SHERBRO: Plot and Title Map

SHERBRO sits on a plot of roughly 0.287 of an acre, or 1,163m². The below map shows the location of SHERBRO, 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 SHERBRO). 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 SHERBRO?

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