34, FERNLEA, COLCHESTER, CO4 5UB - £565,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

34 FERNLEA is a large extended detached house of 129m², built sometime between 1983 and 1990, which could now be worth an estimated £575,129. It was last sold for £565,000 in July 2024, which was around 15% above the average July 2024 detached price in the Colchester local authority area. The most recent EPC inspection was January 2024, where the current energy rating was B, and the potential energy rating was B.

34 FERNLEA Sold Prices

Land registry data shows five sales for 34 FERNLEA since 1^st 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 34 FERNLEA sales were for above 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
2024 19 JUL	£565,000	£493,397	15% above HPI
2011 14 OCT	£325,000	£284,644	14% above HPI
2009 31 MAR	£294,000	£238,223	23% above HPI
2001 1 JUN	£192,000	£159,807	20% above HPI
1997 11 APR	£100,000	£93,409	7% above HPI

34 FERNLEA 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 five 34 FERNLEA sales between April 1997 and July 2024 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 October 2011 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2024 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 34 FERNLEA be worth now?

34 FERNLEA might now be worth an estimated £575,129.

This is based on house price inflation of 1.8%, between July 2024 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 1.8% inflationary increase is applied to the most recent sale price for 34 FERNLEA of £565,000 on 19th July 2024. For the value to have increased from £565,000 to £575,129 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 34 FERNLEA has moved in line with the HPI for detached houses in the Colchester local authority area.
• The July 2024 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 34 FERNLEA has not materially changed since July 2024.

How Large is 34 FERNLEA?

34 FERNLEA is 129m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 34 FERNLEA lies on this distribution: 68% of detached houses houses are smaller than 34 FERNLEA, and 32% of houses are larger. Note that EPC data is not available for all properties in Colchester.

34 FERNLEA: Plot and Title Map

34 FERNLEA sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 34 FERNLEA, 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 34 FERNLEA). 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 34 FERNLEA?

34 FERNLEA is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 34 on FERNLEA.