TRUST, RAMSEY ROAD, HARWICH, CO12 4TF - £275,000

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

TRUST is a very small extended detached house of 71m², built sometime between 1930 and 1949. It was last sold for £275,000 in May 2022, which was around 21% below the average May 2022 detached price in the Tendring local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

TRUST Sold Prices

Land registry data shows two sales for TRUST 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 TRUST sales were 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
2022 31 MAY	£275,000	£348,128	21% below HPI
1996 15 NOV	£46,500	£63,299	27% below HPI

TRUST 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 TRUST sales from November 1996 and May 2022 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 November 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is TRUST?

TRUST is 71m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of detached houses in Harwich, based on EPC data. The below chart shows the distribution of detached houses by size in Harwich, and where TRUST lies on this distribution: 16% of detached houses are smaller than TRUST, and 84% of houses are larger. Note that EPC data is not available for all properties in Harwich.

TRUST: Plot and Title Map

TRUST sits on a plot of roughly 0.247 of an acre, or 1,002m². The below map shows the location of TRUST, 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 TRUST). 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 TRUST?

TRUST is located on RAMSEY ROAD in HARWICH, in the CO12 postcode district. The below map shows the position of TRUST on RAMSEY ROAD.