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
15 CHAUCER WAY is a small extended semi-detached house of 94m², built sometime between 1950 and 1966. It was last sold for £305,000 in June 2016, which was around 21% below the average June 2016 detached price in the Colchester local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 15 CHAUCER WAY 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 15 CHAUCER WAY 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 30 JUN | £305,000 | £387,332 | 21% below HPI |
1997 25 APR | £71,500 | £93,153 | 23% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 15 CHAUCER WAY sales from April 1997 and June 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 April 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
15 CHAUCER WAY is 94m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 15 CHAUCER WAY lies on this distribution: 31% of detached houses are smaller than 15 CHAUCER WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Colchester.
15 CHAUCER WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 15 CHAUCER 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 15 CHAUCER 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.
15 CHAUCER WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 15 on CHAUCER WAY.