3, SPINDLE WOOD, HIGHWOODS, COLCHESTER, CO4 9SX - £247,500

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

3 SPINDLE WOOD is a large detached house of 122m², built sometime between 1983 and 1990. It was last sold for £247,500 in April 2006, which was around 11% below the average April 2006 detached price in the Colchester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

3 SPINDLE WOOD Sold Prices

Land registry data shows three sales for 3 SPINDLE WOOD 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 3 SPINDLE WOOD 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
2006 20 APR	£247,500	£278,657	11% below HPI
2005 25 APR	£250,000	£265,510	6% below HPI
1999 29 JAN	£98,000	£113,809	14% below HPI

3 SPINDLE WOOD 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 3 SPINDLE WOOD sales between January 1999 and April 2006 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 April 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2006 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 SPINDLE WOOD?

3 SPINDLE WOOD is 122m² according to the EPC inspection conducted in November 2014. 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 SPINDLE WOOD lies on this distribution: 61% of detached houses are smaller than 3 SPINDLE WOOD, and 38% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 SPINDLE WOOD: Plot and Title Map

3 SPINDLE WOOD sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 3 SPINDLE WOOD, 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 SPINDLE WOOD). 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 3 SPINDLE WOOD?

3 SPINDLE WOOD is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 3 on SPINDLE WOOD.