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
3 CHURCHFIELDS AVENUE is a large extended detached house of 126m², built sometime between 1996 and 2002. It was last sold for £392,500 in September 2020, which was around 10% below the average September 2020 detached price in the Colchester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 3 CHURCHFIELDS AVENUE since 1st 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 3 CHURCHFIELDS AVENUE 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 |
---|---|---|---|
2020 8 SEP | £392,500 | £434,672 | 10% below HPI |
2016 31 MAR | £365,000 | £373,797 | 2% below HPI |
2016 26 FEB | £365,000 | £374,739 | 3% below HPI |
2006 24 FEB | £212,000 | £275,510 | 23% below HPI |
1999 29 OCT | £124,950 | £125,966 | 1% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The five 3 CHURCHFIELDS AVENUE sales between October 1999 and September 2020 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 March 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
3 CHURCHFIELDS AVENUE is 126m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 3 CHURCHFIELDS AVENUE lies on this distribution: 65% of detached houses are smaller than 3 CHURCHFIELDS AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Colchester.
3 CHURCHFIELDS AVENUE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 3 CHURCHFIELDS AVENUE, 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 3 CHURCHFIELDS AVENUE). 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.
3 CHURCHFIELDS AVENUE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 3 on CHURCHFIELDS AVENUE.