23A, PARKFIELD STREET, ROWHEDGE, COLCHESTER, CO5 7EL - £345,000

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.

23A PARKFIELD STREET is a small detached house of 90m², which could now be worth an estimated £419,875. It was last sold for £345,000 in March 2017, which was around 16% below the average March 2017 detached price in the Colchester local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

23A PARKFIELD STREET Sold Prices

Land registry data shows three sales for 23A 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 23A 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
2017 16 MAR	£345,000	£412,679	16% below HPI
2016 25 FEB	£300,000	£375,769	20% below HPI
2013 21 MAY	£235,000	£290,835	19% below HPI

23A 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 23A PARKFIELD STREET sales between May 2013 and March 2017 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 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 23A PARKFIELD STREET be worth now?

23A PARKFIELD STREET might now be worth an estimated £419,875.

This is based on house price inflation of 21.7%, between March 2017 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 21.7% inflationary increase is applied to the most recent sale price for 23A PARKFIELD STREET of £345,000 on 16th March 2017. For the value to have increased from £345,000 to £419,875 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 23A PARKFIELD STREET has moved in line with the HPI for detached houses in the Colchester local authority area.
• The March 2017 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 23A PARKFIELD STREET has not materially changed since March 2017.

How Large is 23A PARKFIELD STREET?

23A PARKFIELD STREET is 90m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of detached houses houses in Rowhedge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowhedge, and where 23A PARKFIELD STREET lies on this distribution: 25% of detached houses houses are smaller than 23A PARKFIELD STREET, and 74% of houses are larger. Note that EPC data is not available for all properties in Rowhedge.

23A PARKFIELD STREET: Plot and Title Map

23A PARKFIELD STREET sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 23A 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 23A 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 23A PARKFIELD STREET?

23A PARKFIELD STREET is located in ROWHEDGE, in the CO5 postcode district. The below map shows the position of No. 23A on PARKFIELD STREET.