THE NOOK, ASKINS ROAD, EAST BERGHOLT, COLCHESTER, CO7 6SN - £505,000

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 NOOK is a midsized extended detached house of 144m², built sometime between 1930 and 1949, which could now be worth an estimated £575,073. It was last sold for £505,000 in February 2020, which was around 17% above the average February 2020 detached price in the Babergh local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. One of the two THE NOOK sales was for above the average price, whilst the other was for below 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
2020 7 FEB	£505,000	£429,867	17% above HPI
1997 29 AUG	£74,000	£98,185	25% below HPI

THE NOOK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two THE NOOK sales from August 1997 and February 2020 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 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2020 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might THE NOOK be worth now?

THE NOOK might now be worth an estimated £575,073.

This is based on house price inflation of 13.9%, between February 2020 and February 2025, for detached houses, in the Babergh 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 THE NOOK of £505,000 on 7th February 2020. For the value to have increased from £505,000 to £575,073 over the five years to February 2025, the following assumptions must hold true:

• The value of THE NOOK has moved in line with the HPI for detached houses in the Babergh local authority area.
• The February 2020 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of THE NOOK has not materially changed since February 2020.

How Large is THE NOOK?

THE NOOK is 144m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses houses in East Bergholt, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Bergholt, and where THE NOOK lies on this distribution: 54% of detached houses houses are smaller than THE NOOK, and 46% of houses are larger. Note that EPC data is not available for all properties in East Bergholt.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.330 of an acre, or 1,334m². The below map shows the location of THE NOOK, 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 NOOK). 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 NOOK?

THE NOOK is located on ASKINS ROAD in EAST BERGHOLT, in the CO7 postcode district. The below map shows the position of THE NOOK on ASKINS ROAD.