2, SPINDLE STREET, COLCHESTER, CO4 5WX - £330,000

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

2 SPINDLE STREET is a very small detached house of 80m², built sometime between 2007 and 2011. It was last sold for £330,000 in January 2019, which was around 25% below the average January 2019 detached price in the Colchester local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

2 SPINDLE STREET Sold Prices

Land registry data shows three sales for 2 SPINDLE 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 2 SPINDLE 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
2019 8 JAN	£330,000	£439,158	25% below HPI
2012 27 JUL	£235,000	£287,955	18% below HPI
2010 3 DEC	£225,000	£284,672	21% below HPI

2 SPINDLE 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 2 SPINDLE STREET sales between December 2010 and January 2019 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 July 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 SPINDLE STREET?

2 SPINDLE STREET is 80m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 2 SPINDLE STREET lies on this distribution: 14% of detached houses are smaller than 2 SPINDLE STREET, and 85% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 SPINDLE STREET: Plot and Title Map

2 SPINDLE STREET sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 2 SPINDLE 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 2 SPINDLE 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 2 SPINDLE STREET?

2 SPINDLE STREET is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 2 on SPINDLE STREET.