THE CHIMES, HARWICH ROAD, GREAT BROMLEY, COLCHESTER, CO7 7UH - £195,000

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.

THE CHIMES is a small semi-detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £334,381. It was last sold for £195,000 in May 2014, which was around 29% above the average May 2014 semi-detached price in the Tendring local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

THE CHIMES Sold Prices

Land registry data shows two sales for THE CHIMES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Tendring local authority area for the corresponding sale date. Both of the two THE CHIMES 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
2014 14 MAY	£195,000	£151,469	29% above HPI
1996 31 JUL	£54,000	£44,394	22% above HPI

THE CHIMES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tendring local authority area over time, sourced from the HPI. The two THE CHIMES sales from July 1996 and May 2014 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 July 1996 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2014 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might THE CHIMES be worth now?

THE CHIMES might now be worth an estimated £334,381.

This is based on house price inflation of 71.5%, between May 2014 and February 2025, for semi-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 71.5% inflationary increase is applied to the most recent sale price for THE CHIMES of £195,000 on 14th May 2014. For the value to have increased from £195,000 to £334,381 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of THE CHIMES has moved in line with the HPI for semi-detached houses in the Tendring local authority area.
• The May 2014 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of THE CHIMES has not materially changed since May 2014.

How Large is THE CHIMES?

THE CHIMES is 80m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 40% of semi-detached houses houses in Hare Green, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hare Green, and where THE CHIMES lies on this distribution: 32% of semi-detached houses houses are smaller than THE CHIMES, and 68% of houses are larger. Note that EPC data is not available for all properties in Hare Green.

THE CHIMES: Plot and Title Map

THE CHIMES sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of THE CHIMES, 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 THE CHIMES). 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 THE CHIMES?

THE CHIMES is located on HARWICH ROAD in GREAT BROMLEY, in the CO7 postcode district. The below map shows the position of THE CHIMES on HARWICH ROAD.