2, CARUS CRESCENT, HIGHWOODS, COLCHESTER, CO4 9FU - £228,500

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.

2 CARUS CRESCENT is a very small detached house of 83m², built sometime between 2003 and 2006, which could now be worth an estimated £341,880. It was last sold for £228,500 in February 2015, which was around 32% below the average February 2015 detached price in the Colchester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

2 CARUS CRESCENT Sold Prices

Land registry data shows two sales for 2 CARUS CRESCENT since 1^st 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 2 CARUS CRESCENT 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
2015 20 FEB	£228,500	£335,680	32% below HPI
2003 11 DEC	£177,000	£241,356	27% below HPI

2 CARUS CRESCENT 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 two 2 CARUS CRESCENT sales from December 2003 and February 2015 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 December 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2015 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 CARUS CRESCENT be worth now?

2 CARUS CRESCENT might now be worth an estimated £341,880.

This is based on house price inflation of 49.6%, between February 2015 and February 2025, for 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 49.6% inflationary increase is applied to the most recent sale price for 2 CARUS CRESCENT of £228,500 on 20th February 2015. For the value to have increased from £228,500 to £341,880 over the ten years to February 2025, the following assumptions must hold true:

• The value of 2 CARUS CRESCENT has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2015 sale price of £228,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CARUS CRESCENT has not materially changed since February 2015.

How Large is 2 CARUS CRESCENT?

2 CARUS CRESCENT is 83m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 2 CARUS CRESCENT lies on this distribution: 17% of detached houses houses are smaller than 2 CARUS CRESCENT, and 82% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 CARUS CRESCENT: Plot and Title Map

2 CARUS CRESCENT sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 2 CARUS CRESCENT, 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 2 CARUS CRESCENT). 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 2 CARUS CRESCENT?

2 CARUS CRESCENT is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 2 on CARUS CRESCENT.