1, FIRS WALK, COLCHESTER, CO4 6BL - £408,000

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 FIRS WALK is a very small detached house of 84m², built in 2018. It was last sold for £408,000 in June 2023, which was around 19% below the average June 2023 detached price in the Colchester local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.

1 FIRS WALK Sold Prices

Land registry data shows two sales for 1 FIRS WALK 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. Both of the two 1 FIRS WALK 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
2023 30 JUN	£408,000	£503,924	19% below HPI
2021 28 JUN	£340,000	£442,452	23% below HPI

1 FIRS WALK 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 1 FIRS WALK sales from June 2021 and June 2023 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 June 2021 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 FIRS WALK?

1 FIRS WALK is 84m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% 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 FIRS WALK lies on this distribution: 18% of detached houses are smaller than 1 FIRS WALK, and 80% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 FIRS WALK: Plot and Title Map

1 FIRS WALK sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 1 FIRS WALK, 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 FIRS WALK). 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 FIRS WALK?

1 FIRS WALK is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 1 on FIRS WALK.