2, THE CHASE, COLCHESTER, CO3 9BU - £600,000

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

2 THE CHASE is a very large detached house of 175m², built sometime between 1900 and 1929. It was last sold for £600,000 in September 2019, which was around 36% above the average September 2019 detached price in the Colchester local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

2 THE CHASE Sold Prices

Land registry data shows three sales for 2 THE CHASE 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 THE CHASE sales were for above 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 12 SEP	£600,000	£442,036	36% above HPI
2012 29 FEB	£457,500	£283,490	61% above HPI
1997 30 JUL	£190,000	£98,262	93% above HPI

2 THE CHASE 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 THE CHASE sales between July 1997 and September 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 February 2012 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the September 2019 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 2 THE CHASE?

2 THE CHASE is 175m² according to the EPC inspection conducted in November 2018. This puts it in the largest 10% 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 THE CHASE lies on this distribution: 90% of detached houses are smaller than 2 THE CHASE, and 10% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 THE CHASE: Plot and Title Map

2 THE CHASE sits on a plot of roughly 0.369 of an acre, or 1,494m². The below map shows the location of 2 THE CHASE, 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 THE CHASE). 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 THE CHASE?

2 THE CHASE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 2 on THE CHASE.