Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
145 THE COMMONS is a very large extended detached house of 241m², built sometime between 1996 and 2002. It was last sold for £565,000 in June 2024, which was around 11% above the average June 2024 detached price in the Colchester local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 145 THE COMMONS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Most of the four 145 THE COMMONS 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 14 JUN | £565,000 | £510,330 | 11% above HPI |
2014 22 AUG | £460,000 | £323,948 | 42% above HPI |
2002 19 JUL | £270,000 | £200,250 | 35% above HPI |
2001 17 AUG | £82,000 | £167,800 | 51% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 145 THE COMMONS sales between August 2001 and June 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 August 2014 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.
145 THE COMMONS is 241m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 145 THE COMMONS lies on this distribution: 98% of detached houses are smaller than 145 THE COMMONS, and 2% of houses are larger. Note that EPC data is not available for all properties in Colchester.
145 THE COMMONS sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 145 THE COMMONS, 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 145 THE COMMONS). 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.
145 THE COMMONS is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 145 on THE COMMONS.