28, MASCOT SQUARE, COLCHESTER, CO4 3GA - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

28 MASCOT SQUARE is a very small detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £322,310. It was last sold for £275,000 in January 2018, which was around 37% below the average January 2018 detached price in the Colchester local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

28 MASCOT SQUARE Sold Prices

Land registry data shows three sales for 28 MASCOT SQUARE 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. All of the three 28 MASCOT SQUARE 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
2018 5 JAN	£275,000	£433,939	37% below HPI
2015 31 JUL	£215,000	£350,237	39% below HPI
2002 19 JUL	£135,995	£200,800	32% below HPI

28 MASCOT SQUARE 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 28 MASCOT SQUARE sales between July 2002 and January 2018 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 July 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 28 MASCOT SQUARE be worth now?

28 MASCOT SQUARE might now be worth an estimated £322,310.

This is based on house price inflation of 17.2%, between January 2018 and December 2024, 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 17.2% inflationary increase is applied to the most recent sale price for 28 MASCOT SQUARE of £275,000 on 5th January 2018. For the value to have increased from £275,000 to £322,310 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 28 MASCOT SQUARE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The January 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MASCOT SQUARE has not materially changed since January 2018.

How Large is 28 MASCOT SQUARE?

28 MASCOT SQUARE is 76m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% 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 MASCOT SQUARE lies on this distribution: 10% of detached houses houses are smaller than 28 MASCOT SQUARE, and 89% of houses are larger. Note that EPC data is not available for all properties in Colchester.

28 MASCOT SQUARE: Plot and Title Map

28 MASCOT SQUARE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 28 MASCOT SQUARE, 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 MASCOT SQUARE). 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 MASCOT SQUARE?

28 MASCOT SQUARE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 28 on MASCOT SQUARE.