24, NORTHFIELD GARDENS, HIGHWOODS, COLCHESTER, CO4 9SS - £257,000

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.

24 NORTHFIELD GARDENS is a very small detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £368,540. It was last sold for £257,000 in July 2015, which was around 27% below the average July 2015 detached price in the Colchester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

24 NORTHFIELD GARDENS Sold Prices

Land registry data shows two sales for 24 NORTHFIELD GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 24 NORTHFIELD GARDENS 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
2015 13 JUL	£257,000	£350,237	27% below HPI
2012 5 SEP	£192,000	£289,522	34% below HPI

24 NORTHFIELD GARDENS 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 two 24 NORTHFIELD GARDENS sales from September 2012 and July 2015 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 September 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 24 NORTHFIELD GARDENS be worth now?

24 NORTHFIELD GARDENS might now be worth an estimated £368,540.

This is based on house price inflation of 43.4%, between July 2015 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 43.4% inflationary increase is applied to the most recent sale price for 24 NORTHFIELD GARDENS of £257,000 on 13th July 2015. For the value to have increased from £257,000 to £368,540 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 24 NORTHFIELD GARDENS has moved in line with the HPI for detached houses in the Colchester local authority area.
• The July 2015 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 24 NORTHFIELD GARDENS has not materially changed since July 2015.

How Large is 24 NORTHFIELD GARDENS?

24 NORTHFIELD GARDENS is 79m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% 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 24 NORTHFIELD GARDENS lies on this distribution: 13% of detached houses houses are smaller than 24 NORTHFIELD GARDENS, and 87% of houses are larger. Note that EPC data is not available for all properties in Colchester.

24 NORTHFIELD GARDENS: Plot and Title Map

24 NORTHFIELD GARDENS sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 24 NORTHFIELD GARDENS, 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 NORTHFIELD GARDENS). 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 NORTHFIELD GARDENS?

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