11, SPINDLE WOOD, HIGHWOODS, COLCHESTER, CO4 9SX - £540,000

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

11 SPINDLE WOOD is a large detached house of 137m², built sometime between 1983 and 1990. It was last sold for £540,000 in February 2023, which was around 3% above the average February 2023 detached price in the Colchester local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

11 SPINDLE WOOD Sold Prices

Land registry data shows three sales for 11 SPINDLE WOOD 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. One of the three 11 SPINDLE WOOD sales was for above the average price, whilst two 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 9 FEB	£540,000	£524,839	3% above HPI
1998 24 JUL	£90,000	£109,617	18% below HPI
1996 29 MAR	£81,500	£88,673	8% below HPI

11 SPINDLE WOOD 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 11 SPINDLE WOOD sales between March 1996 and February 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 July 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 11 SPINDLE WOOD?

11 SPINDLE WOOD is 137m² according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 11 SPINDLE WOOD lies on this distribution: 73% of detached houses are smaller than 11 SPINDLE WOOD, and 27% of houses are larger. Note that EPC data is not available for all properties in Colchester.

11 SPINDLE WOOD: Plot and Title Map

11 SPINDLE WOOD sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 11 SPINDLE WOOD, 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 11 SPINDLE WOOD). 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 11 SPINDLE WOOD?

11 SPINDLE WOOD is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 11 on SPINDLE WOOD.