1A, PARKFIELD STREET, ROWHEDGE, COLCHESTER, CO5 7EL - £230,000

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

1A PARKFIELD STREET is a very small semi-detached house of 61m², built sometime between 2003 and 2006. It was last sold for £230,000 in February 2023, which was around 56% below the average February 2023 detached price in the Colchester local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was A.

1A PARKFIELD STREET Sold Prices

Land registry data shows three sales for 1A PARKFIELD STREET since 1^st 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 1A PARKFIELD STREET 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
2023 23 FEB	£230,000	£524,839	56% below HPI
2004 21 MAY	£134,995	£255,311	47% below HPI
2002 4 OCT	£205,000	£218,214	6% below HPI

1A PARKFIELD STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 1A PARKFIELD STREET sales between October 2002 and February 2023 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 May 2004 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2023 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 1A PARKFIELD STREET?

1A PARKFIELD STREET is 61m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses in Rowhedge, based on EPC data. The below chart shows the distribution of detached houses by size in Rowhedge, and where 1A PARKFIELD STREET lies on this distribution: 2% of detached houses are smaller than 1A PARKFIELD STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Rowhedge.

1A PARKFIELD STREET: Plot and Title Map

1A PARKFIELD STREET sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 1A PARKFIELD STREET, 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 1A PARKFIELD STREET). 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 1A PARKFIELD STREET?

1A PARKFIELD STREET is located in ROWHEDGE, in the CO5 postcode district. The below map shows the position of No. 1A on PARKFIELD STREET.