3, SQUIRRELS FIELD, MILE END, COLCHESTER, CO4 5YA - £425,000

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 SQUIRRELS FIELD is a large extended detached house of 133m², built sometime between 1996 and 2002. It was last sold for £425,000 in October 2023, which was around 14% below the average October 2023 detached price in the Colchester local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

3 SQUIRRELS FIELD Sold Prices

Land registry data shows two sales for 3 SQUIRRELS FIELD 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 3 SQUIRRELS FIELD 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
2023 23 OCT	£425,000	£496,526	14% below HPI
2011 15 JUL	£240,000	£282,927	15% below HPI

3 SQUIRRELS FIELD 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 3 SQUIRRELS FIELD sales from July 2011 and October 2023 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 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 SQUIRRELS FIELD?

3 SQUIRRELS FIELD is 133m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 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 3 SQUIRRELS FIELD lies on this distribution: 70% of detached houses are smaller than 3 SQUIRRELS FIELD, and 29% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 SQUIRRELS FIELD: Plot and Title Map

3 SQUIRRELS FIELD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 3 SQUIRRELS FIELD, 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 SQUIRRELS FIELD). 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 SQUIRRELS FIELD?

3 SQUIRRELS FIELD is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 3 on SQUIRRELS FIELD.