1, TROWEL PLACE, COLCHESTER, CO2 9FZ - £272,500

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

1 TROWEL PLACE is a very small detached house of 75m². It was last sold for £272,500 in July 2018, which was around 37% below the average July 2018 detached price in the Colchester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was B.

1 TROWEL PLACE Sold Prices

Land registry data shows two sales for 1 TROWEL PLACE 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 TROWEL PLACE 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
2018 31 JUL	£272,500	£433,026	37% below HPI
2014 11 APR	£189,995	£310,577	39% below HPI

1 TROWEL PLACE 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 TROWEL PLACE sales from April 2014 and July 2018 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 April 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 TROWEL PLACE?

1 TROWEL PLACE is 75m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Berechurch, and where 1 TROWEL PLACE lies on this distribution: 12% of detached houses are smaller than 1 TROWEL PLACE, and 85% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

1 TROWEL PLACE: Plot and Title Map

1 TROWEL PLACE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 1 TROWEL PLACE, 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 TROWEL PLACE). 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 TROWEL PLACE?

1 TROWEL PLACE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 1 on TROWEL PLACE.