23, MURRAY MCPHERSON PARADE, COLCHESTER, CO4 9AH - £575,000

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.

23 MURRAY MCPHERSON PARADE is a very large detached house of 174m², which could now be worth an estimated £590,483. It was last sold for £575,000 in April 2022, which was around 56% above the average April 2022 detached price in the Tendring local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

23 MURRAY MCPHERSON PARADE Sold Prices

Land registry data shows two sales for 23 MURRAY MCPHERSON PARADE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Both of the two 23 MURRAY MCPHERSON PARADE 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
2022 4 APR	£575,000	£368,665	56% above HPI
2017 23 OCT	£484,995	£310,932	56% above HPI

23 MURRAY MCPHERSON PARADE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 23 MURRAY MCPHERSON PARADE sales from October 2017 and April 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 October 2017 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the April 2022 sale, which was also at 56% above the HPI.

What might 23 MURRAY MCPHERSON PARADE be worth now?

23 MURRAY MCPHERSON PARADE might now be worth an estimated £590,483.

This is based on house price inflation of 2.7%, between April 2022 and February 2025, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% inflationary increase is applied to the most recent sale price for 23 MURRAY MCPHERSON PARADE of £575,000 on 4th April 2022. For the value to have increased from £575,000 to £590,483 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 23 MURRAY MCPHERSON PARADE has moved in line with the HPI for detached houses in the Tendring local authority area.
• The April 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MURRAY MCPHERSON PARADE has not materially changed since April 2022.

How Large is 23 MURRAY MCPHERSON PARADE?

23 MURRAY MCPHERSON PARADE is 174m² according to the EPC inspection conducted in June 2017. This puts it in the largest 10% 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 23 MURRAY MCPHERSON PARADE lies on this distribution: 90% of detached houses houses are smaller than 23 MURRAY MCPHERSON PARADE, and 10% of houses are larger. Note that EPC data is not available for all properties in Colchester.

23 MURRAY MCPHERSON PARADE: Plot and Title Map

23 MURRAY MCPHERSON PARADE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 23 MURRAY MCPHERSON PARADE, 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 23 MURRAY MCPHERSON PARADE). 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 23 MURRAY MCPHERSON PARADE?

23 MURRAY MCPHERSON PARADE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 23 on MURRAY MCPHERSON PARADE.