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
16 RIVER BANK WALK is a small semi-detached house of 88m². It was last sold for £326,000 in January 2022, which was around 33% below the average January 2022 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.
Land registry data shows three sales for 16 RIVER BANK WALK since 1st 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. All of the three 16 RIVER BANK WALK 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 |
---|---|---|---|
2022 11 JAN | £326,000 | £486,631 | 33% below HPI |
2015 29 JUN | £218,000 | £346,020 | 37% below HPI |
2012 29 JUN | £220,000 | £284,384 | 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 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
16 RIVER BANK WALK is 88m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 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 16 RIVER BANK WALK lies on this distribution: 24% of detached 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 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.
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.