24, GAVIN WAY, HIGHWOODS, COLCHESTER, CO4 9FF - £187,000

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 GAVIN WAY is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £187,000 in December 2009, which was around 31% below the average December 2009 detached price in the Colchester local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

24 GAVIN WAY Sold Prices

Land registry data shows three sales for 24 GAVIN WAY 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 24 GAVIN WAY 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
2009 18 DEC	£187,000	£271,025	31% below HPI
2007 16 FEB	£185,000	£294,497	37% below HPI
2000 26 JUN	£104,750	£143,838	27% below HPI

24 GAVIN WAY 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 24 GAVIN WAY sales between June 2000 and December 2009 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 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2009 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 24 GAVIN WAY?

24 GAVIN WAY is 98m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 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 GAVIN WAY lies on this distribution: 35% of detached houses are smaller than 24 GAVIN WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Colchester.

24 GAVIN WAY: Plot and Title Map

24 GAVIN WAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 24 GAVIN WAY, 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 GAVIN WAY). 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 GAVIN WAY?

24 GAVIN WAY is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 24 on GAVIN WAY.