SPRING CLOVER, CRESTLANDS, ALRESFORD, COLCHESTER, CO7 8AF - £350,000

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.

SPRING CLOVER is a midsized extended detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £361,998. It was last sold for £350,000 in February 2022, which was around 4% below the average February 2022 detached price in the Tendring local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

SPRING CLOVER Sold Prices

Land registry data shows four sales for SPRING CLOVER since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Two of the four SPRING CLOVER sales were for below the average price, whilst one was 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
2022 18 FEB	£350,000	£366,044	4% below HPI
2010 7 JAN	£205,000	£215,085	5% below HPI
2000 20 DEC	£114,000	£113,486	Close to HPI
1996 23 AUG	£73,000	£68,310	7% above HPI

SPRING CLOVER 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 four SPRING CLOVER sales between August 1996 and February 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 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might SPRING CLOVER be worth now?

SPRING CLOVER might now be worth an estimated £361,998.

This is based on house price inflation of 3.4%, between February 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 3.4% inflationary increase is applied to the most recent sale price for SPRING CLOVER of £350,000 on 18th February 2022. For the value to have increased from £350,000 to £361,998 over the three years to February 2025, the following assumptions must hold true:

• The value of SPRING CLOVER has moved in line with the HPI for detached houses in the Tendring local authority area.
• The February 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING CLOVER has not materially changed since February 2022.

How Large is SPRING CLOVER?

SPRING CLOVER is 108m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% 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 SPRING CLOVER lies on this distribution: 44% of detached houses houses are smaller than SPRING CLOVER, and 56% of houses are larger. Note that EPC data is not available for all properties in Alresford.

SPRING CLOVER: Plot and Title Map

SPRING CLOVER sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of SPRING CLOVER, 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 SPRING CLOVER). 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 SPRING CLOVER?

SPRING CLOVER is located on CRESTLANDS in ALRESFORD, in the CO7 postcode district. The below map shows the position of SPRING CLOVER on CRESTLANDS.