265, CHINOOK, HIGHWOODS, COLCHESTER, CO4 9XT - £242,500

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

265 CHINOOK is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £242,500 in April 2024, which was around 50% below the average April 2024 detached price in the Colchester local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

265 CHINOOK Sold Prices

Land registry data shows five sales for 265 CHINOOK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 265 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
2024 12 APR	£242,500	£488,496	50% below HPI
2019 12 FEB	£185,000	£439,479	58% below HPI
2003 15 AUG	£105,000	£236,145	56% below HPI
1999 16 AUG	£52,500	£122,586	57% below HPI
1995 30 JUN	£41,000	£89,745	54% below HPI

265 CHINOOK 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 five 265 CHINOOK sales between June 1995 and April 2024 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 2019 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the April 2024 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 265 CHINOOK?

265 CHINOOK is 58m² according to the EPC inspection conducted in November 2023. 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 265 CHINOOK lies on this distribution: 2% of detached houses are smaller than 265 CHINOOK, and 98% of houses are larger. Note that EPC data is not available for all properties in Colchester.

265 CHINOOK: Plot and Title Map

265 CHINOOK sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 265 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 265 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.

Where is 265 CHINOOK?

265 CHINOOK is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 265 on CHINOOK.