24, FAIRWAYS, BRAISWICK, COLCHESTER, CO4 5TX - £460,000

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

24 FAIRWAYS is a large extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £460,000 in November 2019, which was around 7% above the average November 2019 detached price in the Colchester local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

24 FAIRWAYS Sold Prices

Land registry data shows four sales for 24 FAIRWAYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 24 FAIRWAYS 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 28 NOV	£460,000	£429,099	7% above HPI
2019 30 AUG	£500,000	£440,286	14% above HPI
2015 14 SEP	£480,000	£362,538	32% above HPI
1998 28 APR	£178,000	£107,269	66% above HPI

24 FAIRWAYS 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 four 24 FAIRWAYS sales between April 1998 and November 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 August 2019 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 24 FAIRWAYS?

24 FAIRWAYS is 124m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 24 FAIRWAYS lies on this distribution: 63% of detached houses are smaller than 24 FAIRWAYS, and 36% of houses are larger. Note that EPC data is not available for all properties in Colchester.

24 FAIRWAYS: Plot and Title Map

24 FAIRWAYS sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of 24 FAIRWAYS, 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 24 FAIRWAYS). 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 24 FAIRWAYS?

24 FAIRWAYS is located in BRAISWICK, in the CO4 postcode district. The below map shows the position of No. 24 on FAIRWAYS.