304, CHINOOK, HIGHWOODS, COLCHESTER, CO4 9UX - £220,000

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

304 CHINOOK is a very small semi-detached house of 58m², built sometime between 1996 and 2002. It was last sold for £220,000 in September 2018, which was around 50% below the average September 2018 detached price in the Colchester local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

304 CHINOOK Sold Prices

Land registry data shows three sales for 304 CHINOOK 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 304 CHINOOK 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 21 SEP	£220,000	£440,578	50% below HPI
2015 30 JUN	£192,500	£346,020	44% below HPI
1997 13 OCT	£55,250	£99,892	45% below HPI

304 CHINOOK 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 304 CHINOOK sales between October 1997 and September 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 June 2015 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2018 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 304 CHINOOK?

304 CHINOOK is 58m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 304 CHINOOK lies on this distribution: 2% of detached houses are smaller than 304 CHINOOK, and 98% of houses are larger. Note that EPC data is not available for all properties in Colchester.

304 CHINOOK: Plot and Title Map

304 CHINOOK sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 304 CHINOOK, 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 304 CHINOOK). 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 304 CHINOOK?

304 CHINOOK is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 304 on CHINOOK.