12, HALE WAY, COLCHESTER, CO4 5BD - £475,000

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 HALE WAY is a large extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £475,000 in November 2020, which was around 4% above the average November 2020 detached price in the Colchester local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

12 HALE WAY Sold Prices

Land registry data shows three sales for 12 HALE WAY 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. Two of the three 12 HALE WAY sales were for above the average price, whilst one was 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
2020 20 NOV	£475,000	£454,919	4% above HPI
2016 30 MAR	£383,000	£373,797	2% above HPI
2004 3 DEC	£240,000	£265,516	10% below HPI

12 HALE WAY 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 12 HALE WAY sales between December 2004 and November 2020 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 March 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 12 HALE WAY?

12 HALE WAY is 130m², which includes three extensions, according to the EPC inspection conducted in January 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 HALE WAY lies on this distribution: 68% of detached houses are smaller than 12 HALE WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 HALE WAY: Plot and Title Map

12 HALE WAY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 12 HALE WAY, 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 HALE WAY). 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 HALE WAY?

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