38, PARSONS HEATH, COLCHESTER, CO4 3HX - £550,000

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

38 PARSONS HEATH is a very large detached house of 176m², built sometime between 1967 and 1975. It was last sold for £550,000 in May 2024, which was around 11% above the average May 2024 detached price in the Colchester local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

38 PARSONS HEATH Sold Prices

Land registry data shows four sales for 38 PARSONS HEATH 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 38 PARSONS HEATH 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 22 MAY	£550,000	£496,549	11% above HPI
2021 7 JAN	£515,000	£447,931	15% above HPI
1998 6 APR	£136,000	£107,269	27% above HPI
1996 27 MAR	£123,000	£88,673	39% above HPI

38 PARSONS HEATH 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 38 PARSONS HEATH sales between March 1996 and May 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 January 2021 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 38 PARSONS HEATH?

38 PARSONS HEATH is 176m² according to the EPC inspection conducted in February 2019. This puts it in the largest 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 38 PARSONS HEATH lies on this distribution: 90% of detached houses are smaller than 38 PARSONS HEATH, and 9% of houses are larger. Note that EPC data is not available for all properties in Colchester.

38 PARSONS HEATH: Plot and Title Map

38 PARSONS HEATH sits on a plot of roughly 0.207 of an acre, or 838m². The below map shows the location of 38 PARSONS HEATH, 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 38 PARSONS HEATH). 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 38 PARSONS HEATH?

38 PARSONS HEATH is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 38 on PARSONS HEATH.