24, ROWAN PLACE, COLCHESTER, CO1 1AJ - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 ROWAN PLACE is a large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £300,000 in February 2021, which was around 32% below the average February 2021 detached price in the Colchester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

24 ROWAN PLACE Sold Prices

Land registry data shows three sales for 24 ROWAN PLACE 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. Two of the three 24 ROWAN PLACE sales were for below the average price, whilst one was 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
2021 16 FEB	£300,000	£442,770	32% below HPI
2007 26 OCT	£249,995	£305,139	18% below HPI
2002 16 DEC	£239,000	£224,803	6% above HPI

24 ROWAN PLACE 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 ROWAN PLACE sales between December 2002 and February 2021 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 October 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 24 ROWAN PLACE?

24 ROWAN PLACE is 131m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 ROWAN PLACE lies on this distribution: 69% of detached houses are smaller than 24 ROWAN PLACE, and 30% of houses are larger. Note that EPC data is not available for all properties in Colchester.

24 ROWAN PLACE: Plot and Title Map

24 ROWAN PLACE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 24 ROWAN PLACE, 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 ROWAN PLACE). 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 ROWAN PLACE?

24 ROWAN PLACE is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 24 on ROWAN PLACE.