STRATHCORRIE, COLCHESTER ROAD, ARDLEIGH, COLCHESTER, CO7 7NX - £625,000

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.

STRATHCORRIE is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £712,130. It was last sold for £625,000 in May 2021, which was around 88% above the average May 2021 detached price in the Tendring local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

STRATHCORRIE Sold Prices

Land registry data shows two sales for STRATHCORRIE 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 STRATHCORRIE 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 27 MAY	£625,000	£332,271	88% above HPI
2019 29 AUG	£385,000	£312,977	23% above HPI

STRATHCORRIE 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 STRATHCORRIE sales from August 2019 and May 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 August 2019 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2021 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might STRATHCORRIE be worth now?

STRATHCORRIE might now be worth an estimated £712,130.

This is based on house price inflation of 13.9%, between May 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 13.9% inflationary increase is applied to the most recent sale price for STRATHCORRIE of £625,000 on 27th May 2021. For the value to have increased from £625,000 to £712,130 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of STRATHCORRIE has moved in line with the HPI for detached houses in the Tendring local authority area.
• The May 2021 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of STRATHCORRIE has not materially changed since May 2021.

How Large is STRATHCORRIE?

STRATHCORRIE is 77m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% 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 STRATHCORRIE lies on this distribution: 4% of detached houses houses are smaller than STRATHCORRIE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ardleigh.

STRATHCORRIE: Plot and Title Map

STRATHCORRIE sits on a plot of roughly 0.305 of an acre, or 1,233m². The below map shows the location of STRATHCORRIE, 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 STRATHCORRIE). 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 STRATHCORRIE?

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