12, BURNS AVENUE, COLCHESTER, CO3 4JE - £330,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 BURNS AVENUE is a large extended detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £403,357. It was last sold for £330,000 in November 2016, which was around 20% below the average November 2016 detached price in the Colchester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was F, and the potential energy rating was C.

12 BURNS AVENUE Sold Prices

Land registry data shows two sales for 12 BURNS AVENUE 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 12 BURNS AVENUE 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
2016 18 NOV	£330,000	£410,901	20% below HPI
2015 19 JAN	£200,000	£333,919	40% below HPI

12 BURNS AVENUE 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 12 BURNS AVENUE sales from January 2015 and November 2016 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 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 12 BURNS AVENUE be worth now?

12 BURNS AVENUE might now be worth an estimated £403,357.

This is based on house price inflation of 22.2%, between November 2016 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.2% inflationary increase is applied to the most recent sale price for 12 BURNS AVENUE of £330,000 on 18th November 2016. For the value to have increased from £330,000 to £403,357 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 BURNS AVENUE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2016 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BURNS AVENUE has not materially changed since November 2016.

How Large is 12 BURNS AVENUE?

12 BURNS AVENUE is 125m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 12 BURNS AVENUE lies on this distribution: 64% of detached houses houses are smaller than 12 BURNS AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 BURNS AVENUE: Plot and Title Map

12 BURNS AVENUE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 12 BURNS AVENUE, 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 12 BURNS AVENUE). 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 12 BURNS AVENUE?

12 BURNS AVENUE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 12 on BURNS AVENUE.