28, CHAUCER WAY, COLCHESTER, CO3 4HE - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 CHAUCER WAY is a small extended detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £406,202. 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.

28 CHAUCER WAY Sold Prices

Land registry data shows two sales for 28 CHAUCER WAY 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 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	£290,562	19% below HPI
2004 28 MAY	£209,995	£256,012	18% below HPI

28 CHAUCER WAY 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 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.

What might 28 CHAUCER WAY be worth now?

28 CHAUCER WAY might now be worth an estimated £406,202.

This is based on house price inflation of 72.9%, between August 2012 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.9% inflationary increase is applied to the most recent sale price for 28 CHAUCER WAY of £235,000 on 6th August 2012. For the value to have increased from £235,000 to £406,202 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 28 CHAUCER WAY has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2012 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 28 CHAUCER WAY has not materially changed since August 2012.

How Large is 28 CHAUCER WAY?

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 houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 28 CHAUCER WAY lies on this distribution: 28% of detached houses 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: Plot and Title Map

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.

Where is 28 CHAUCER WAY?

28 CHAUCER WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 28 on CHAUCER WAY.