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
263 CHINOOK is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £140,000 in April 2007, which was around 52% below the average April 2007 detached price in the Colchester local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 263 CHINOOK since 1st 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 263 CHINOOK 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 |
---|---|---|---|
2007 26 APR | £140,000 | £292,392 | 52% below HPI |
2005 19 AUG | £118,500 | £268,904 | 56% below HPI |
2002 14 NOV | £94,000 | £223,504 | 58% below HPI |
1998 16 JUN | £52,500 | £109,390 | 52% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 263 CHINOOK sales between June 1998 and April 2007 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 2005 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the April 2007 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.
263 CHINOOK is 58m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 263 CHINOOK lies on this distribution: 2% of detached houses are smaller than 263 CHINOOK, and 98% of houses are larger. Note that EPC data is not available for all properties in Colchester.
263 CHINOOK sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 263 CHINOOK, 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 263 CHINOOK). 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.
263 CHINOOK is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 263 on CHINOOK.