24, PARKFIELD STREET, ROWHEDGE, COLCHESTER, CO5 7EL - £275,000

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 PARKFIELD STREET is a small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £275,000 in August 2020, which was around 36% below the average August 2020 detached price in the Colchester local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

24 PARKFIELD STREET Sold Prices

Land registry data shows two sales for 24 PARKFIELD STREET 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 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
2020 21 AUG	£275,000	£432,960	36% below HPI
1998 10 DEC	£85,000	£111,745	24% below HPI

24 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 two 24 PARKFIELD STREET sales from December 1998 and August 2020 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 December 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 24 PARKFIELD STREET?

24 PARKFIELD STREET is 83m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of detached houses in Rowhedge, based on EPC data. The below chart shows the distribution of detached houses by size in Rowhedge, and where 24 PARKFIELD STREET lies on this distribution: 20% of detached houses are smaller than 24 PARKFIELD STREET, and 80% of houses are larger. Note that EPC data is not available for all properties in Rowhedge.

24 PARKFIELD STREET: Plot and Title Map

24 PARKFIELD STREET sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 24 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 24 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 24 PARKFIELD STREET?

24 PARKFIELD STREET is located in ROWHEDGE, in the CO5 postcode district. The below map shows the position of No. 24 on PARKFIELD STREET.