12, CHAFFINCH GARDENS, COLCHESTER, CO4 3FH - £350,000

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

12 CHAFFINCH GARDENS is a large extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £350,000 in January 2017, which was around 14% below the average January 2017 detached price in the Colchester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

12 CHAFFINCH GARDENS Sold Prices

Land registry data shows two sales for 12 CHAFFINCH GARDENS 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 CHAFFINCH GARDENS 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
2017 26 JAN	£350,000	£408,341	14% below HPI
2006 30 OCT	£250,000	£287,861	13% below HPI

12 CHAFFINCH GARDENS 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 CHAFFINCH GARDENS sales from October 2006 and January 2017 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 October 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 CHAFFINCH GARDENS?

12 CHAFFINCH GARDENS is 127m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 12 CHAFFINCH GARDENS lies on this distribution: 66% of detached houses are smaller than 12 CHAFFINCH GARDENS, and 33% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 CHAFFINCH GARDENS: Plot and Title Map

12 CHAFFINCH GARDENS sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 12 CHAFFINCH GARDENS, 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 CHAFFINCH GARDENS). 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 CHAFFINCH GARDENS?

12 CHAFFINCH GARDENS is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 12 on CHAFFINCH GARDENS.