THE FIRS, CHASE ROAD WEST, GREAT BROMLEY, COLCHESTER, CO7 7UA - £430,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE FIRS is a large extended detached house of 161m², built sometime between 1983 and 1990. It was last sold for £430,000 in November 2017, which was around 46% above the average November 2017 detached price in the Tendring local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

THE FIRS Sold Prices

Land registry data shows four sales for THE FIRS 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. All of the four THE FIRS 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
2017 27 NOV	£430,000	£294,246	46% above HPI
2014 25 SEP	£360,000	£225,629	60% above HPI
2006 25 APR	£285,000	£210,232	36% above HPI
2000 5 MAY	£147,500	£99,791	48% above HPI

THE FIRS 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 THE FIRS sales between May 2000 and November 2017 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 September 2014 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2017 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is THE FIRS?

THE FIRS is 161m², which includes three extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Hare Green, based on EPC data. The below chart shows the distribution of detached houses by size in Hare Green, and where THE FIRS lies on this distribution: 75% of detached houses are smaller than THE FIRS, and 25% of houses are larger. Note that EPC data is not available for all properties in Hare Green.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of THE FIRS, 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 FIRS). 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 FIRS?

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