1, FAIRWAYS, BRAISWICK, COLCHESTER, CO4 5TX - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FAIRWAYS is a very large detached house of 186m², built sometime between 1996 and 2002. It was last sold for £425,000 in June 2004, which was around 65% above the average June 2004 detached price in the Colchester local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was C.

1 FAIRWAYS Sold Prices

Land registry data shows three sales for 1 FAIRWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 1 FAIRWAYS 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
2004 30 JUN	£425,000	£256,983	65% above HPI
2002 9 JAN	£280,000	£177,707	58% above HPI
1998 5 AUG	£232,000	£111,246	109% above HPI

1 FAIRWAYS 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 three 1 FAIRWAYS sales between August 1998 and June 2004 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 January 2002 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2004 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 1 FAIRWAYS?

1 FAIRWAYS is 186m² according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 1 FAIRWAYS lies on this distribution: 93% of detached houses are smaller than 1 FAIRWAYS, and 7% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 FAIRWAYS: Plot and Title Map

1 FAIRWAYS sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 1 FAIRWAYS, 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 1 FAIRWAYS). 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 1 FAIRWAYS?

1 FAIRWAYS is located in BRAISWICK, in the CO4 postcode district. The below map shows the position of No. 1 on FAIRWAYS.