SPRINGFIELD, DEDHAM ROAD, ARDLEIGH, COLCHESTER, CO7 7QA - £510,000

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.

SPRINGFIELD is a midsized detached house of 144m², built sometime between 1967 and 1975, which could now be worth an estimated £575,289. It was last sold for £510,000 in June 2021, which was around 52% above the average June 2021 detached price in the Tendring local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was B.

SPRINGFIELD Sold Prices

Land registry data shows two sales for SPRINGFIELD 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 SPRINGFIELD 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
2021 22 JUN	£510,000	£335,626	52% above HPI
2016 11 MAR	£415,000	£261,615	59% above HPI

SPRINGFIELD 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 SPRINGFIELD sales from March 2016 and June 2021 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 March 2016 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the June 2021 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might SPRINGFIELD be worth now?

SPRINGFIELD might now be worth an estimated £575,289.

This is based on house price inflation of 12.8%, between June 2021 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 12.8% inflationary increase is applied to the most recent sale price for SPRINGFIELD of £510,000 on 22nd June 2021. For the value to have increased from £510,000 to £575,289 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of SPRINGFIELD has moved in line with the HPI for detached houses in the Tendring local authority area.
• The June 2021 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD has not materially changed since June 2021.

How Large is SPRINGFIELD?

SPRINGFIELD is 144m² according to the EPC inspection conducted in April 2015. This puts it in the largest 50% 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 SPRINGFIELD lies on this distribution: 60% of detached houses houses are smaller than SPRINGFIELD, and 40% of houses are larger. Note that EPC data is not available for all properties in Ardleigh.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.355 of an acre, or 1,435m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

SPRINGFIELD is located on DEDHAM ROAD in ARDLEIGH, in the CO7 postcode district. The below map shows the position of SPRINGFIELD on DEDHAM ROAD.