37, CHAUCER WAY, COLCHESTER, CO3 4HE - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

37 CHAUCER WAY is a midsized extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £345,000 in August 2016, which was around 13% below the average August 2016 detached price in the Colchester local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

37 CHAUCER WAY Sold Prices

Land registry data shows four sales for 37 CHAUCER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 37 CHAUCER WAY 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
2016 30 AUG	£345,000	£398,471	13% below HPI
2012 30 JUL	£223,500	£287,955	22% below HPI
2011 1 JUL	£225,500	£282,927	20% below HPI
1995 21 APR	£68,000	£90,858	25% below HPI

37 CHAUCER WAY 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 four 37 CHAUCER WAY sales between April 1995 and August 2016 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 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 37 CHAUCER WAY?

37 CHAUCER WAY is 105m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 37 CHAUCER WAY lies on this distribution: 43% of detached houses are smaller than 37 CHAUCER WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Colchester.

37 CHAUCER WAY: Plot and Title Map

37 CHAUCER WAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 37 CHAUCER WAY, 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 37 CHAUCER WAY). 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 37 CHAUCER WAY?

37 CHAUCER WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 37 on CHAUCER WAY.