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 PARSONS HILL is a large extended detached house of 133m², built sometime between 1950 and 1966. It was last sold for £730,000 in April 2024, which was around 49% above the average April 2024 detached price in the Colchester local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 12 PARSONS HILL since 1st 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 PARSONS HILL sales were for above 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 |
---|---|---|---|
2024 24 APR | £730,000 | £488,496 | 49% above HPI |
2018 30 JAN | £510,000 | £432,750 | 18% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 12 PARSONS HILL sales from January 2018 and April 2024 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 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2024 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.
12 PARSONS HILL is 133m², which includes three extensions, according to the EPC inspection conducted in September 2017. 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 12 PARSONS HILL lies on this distribution: 70% of detached houses are smaller than 12 PARSONS HILL, and 29% of houses are larger. Note that EPC data is not available for all properties in Colchester.
12 PARSONS HILL sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 12 PARSONS HILL, 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 PARSONS HILL). 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.
12 PARSONS HILL is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 12 on PARSONS HILL.