32, PARKFIELD STREET, ROWHEDGE, COLCHESTER, CO5 7EL - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 PARKFIELD STREET is a very large extended detached house of 141m², built sometime between 1900 and 1929, which could now be worth an estimated £521,699. It was last sold for £450,000 in June 2018, which was around 4% above the average June 2018 detached price in the Colchester local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was B.

32 PARKFIELD STREET Sold Prices

Land registry data shows three sales for 32 PARKFIELD STREET 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. One of the three 32 PARKFIELD STREET sales was for above the average price, whilst two 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 15 JUN	£450,000	£433,217	4% above HPI
2012 19 DEC	£250,000	£290,951	14% below HPI
2009 10 JUL	£245,000	£253,286	3% below HPI

32 PARKFIELD STREET 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 32 PARKFIELD STREET sales between July 2009 and June 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 December 2012 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 32 PARKFIELD STREET be worth now?

32 PARKFIELD STREET might now be worth an estimated £521,699.

This is based on house price inflation of 15.9%, between June 2018 and February 2025, 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 15.9% inflationary increase is applied to the most recent sale price for 32 PARKFIELD STREET of £450,000 on 15th June 2018. For the value to have increased from £450,000 to £521,699 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 32 PARKFIELD STREET has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2018 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 32 PARKFIELD STREET has not materially changed since June 2018.

How Large is 32 PARKFIELD STREET?

32 PARKFIELD STREET is 141m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% of detached houses houses in Rowhedge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowhedge, and where 32 PARKFIELD STREET lies on this distribution: 82% of detached houses houses are smaller than 32 PARKFIELD STREET, and 17% of houses are larger. Note that EPC data is not available for all properties in Rowhedge.

32 PARKFIELD STREET: Plot and Title Map

32 PARKFIELD STREET sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 32 PARKFIELD STREET, 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 32 PARKFIELD STREET). 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 32 PARKFIELD STREET?

32 PARKFIELD STREET is located in ROWHEDGE, in the CO5 postcode district. The below map shows the position of No. 32 on PARKFIELD STREET.