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
28 CHAUCER WAY is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £235,000 in August 2012, which was around 19% below the average August 2012 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.
Land registry data shows two sales for 28 CHAUCER WAY since 1st 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 28 CHAUCER WAY 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 |
---|---|---|---|
2012 6 AUG | £235,000 | £289,766 | 19% below HPI |
2004 28 MAY | £209,995 | £255,311 | 18% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 28 CHAUCER WAY sales from May 2004 and August 2012 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 May 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2012 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
28 CHAUCER WAY is 91m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 28 CHAUCER WAY lies on this distribution: 28% of detached houses are smaller than 28 CHAUCER WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Colchester.
28 CHAUCER WAY sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 28 CHAUCER WAY, 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 28 CHAUCER WAY). 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.
28 CHAUCER WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 28 on CHAUCER WAY.