FAIRVIEW, THE HEATH, DEDHAM, COLCHESTER, CO7 6BU - £625,000

FAIRVIEW is a very small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £625,000 in December 2017, which was around 44% above the average December 2017 detached price in the Colchester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

FAIRVIEW Sold Prices

Land registry data shows two sales for FAIRVIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. One of the two FAIRVIEW 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
2017 19 DEC	£625,000	£435,048	44% above HPI
2015 17 NOV	£315,000	£370,392	15% below HPI

FAIRVIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two FAIRVIEW sales from November 2015 and December 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 November 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2017 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is FAIRVIEW?

FAIRVIEW is 78m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Dedham Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Dedham Heath, and where FAIRVIEW lies on this distribution: 7% of detached houses are smaller than FAIRVIEW, and 93% of houses are larger. Note that EPC data is not available for all properties in Dedham Heath.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of FAIRVIEW, 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 FAIRVIEW). 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 FAIRVIEW?

FAIRVIEW is located on THE HEATH in DEDHAM, in the CO7 postcode district. The below map shows the position of FAIRVIEW on THE HEATH.