16, RIVER BANK WALK, COLCHESTER, CO1 1QJ - £326,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 RIVER BANK WALK is a small semi-detached house of 88m², which could now be worth an estimated £344,349. It was last sold for £326,000 in January 2022, which was around 4% above the average January 2022 semi-detached price in the Colchester local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was C.

16 RIVER BANK WALK Sold Prices

Land registry data shows three sales for 16 RIVER BANK WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Two of the three 16 RIVER BANK WALK 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
2022 11 JAN	£326,000	£313,586	4% above HPI
2015 29 JUN	£218,000	£223,854	3% below HPI
2012 29 JUN	£220,000	£183,897	20% above HPI

16 RIVER BANK WALK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The three 16 RIVER BANK WALK sales between June 2012 and January 2022 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 June 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 16 RIVER BANK WALK be worth now?

16 RIVER BANK WALK might now be worth an estimated £344,349.

This is based on house price inflation of 5.6%, between January 2022 and February 2025, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.6% inflationary increase is applied to the most recent sale price for 16 RIVER BANK WALK of £326,000 on 11th January 2022. For the value to have increased from £326,000 to £344,349 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 16 RIVER BANK WALK has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The January 2022 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RIVER BANK WALK has not materially changed since January 2022.

How Large is 16 RIVER BANK WALK?

16 RIVER BANK WALK is 88m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 16 RIVER BANK WALK lies on this distribution: 24% of semi-detached houses houses are smaller than 16 RIVER BANK WALK, and 75% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 RIVER BANK WALK: Plot and Title Map

16 RIVER BANK WALK sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 16 RIVER BANK WALK, 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 16 RIVER BANK WALK). 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 16 RIVER BANK WALK?

16 RIVER BANK WALK is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 16 on RIVER BANK WALK.