39, PARSONS HEATH, COLCHESTER, CO4 3HT - £295,000

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.

39 PARSONS HEATH is a large extended detached house of 126m², built sometime before 1900, which could now be worth an estimated £393,305. It was last sold for £295,000 in April 2016, which was around 22% below the average April 2016 detached price in the Colchester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

39 PARSONS HEATH Sold Prices

Land registry data shows four sales for 39 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 39 PARSONS HEATH 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 12 APR	£295,000	£376,709	22% below HPI
2014 7 NOV	£250,000	£335,551	25% below HPI
2013 18 SEP	£245,000	£300,761	19% below HPI
2012 7 FEB	£182,000	£284,268	36% below HPI

39 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 39 PARSONS HEATH sales between February 2012 and April 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 November 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 39 PARSONS HEATH be worth now?

39 PARSONS HEATH might now be worth an estimated £393,305.

This is based on house price inflation of 33.3%, between April 2016 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 33.3% inflationary increase is applied to the most recent sale price for 39 PARSONS HEATH of £295,000 on 12th April 2016. For the value to have increased from £295,000 to £393,305 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 39 PARSONS HEATH has moved in line with the HPI for detached houses in the Colchester local authority area.
• The April 2016 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 39 PARSONS HEATH has not materially changed since April 2016.

How Large is 39 PARSONS HEATH?

39 PARSONS HEATH is 126m², which includes two extensions, according to the EPC inspection conducted in March 2014. 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 39 PARSONS HEATH lies on this distribution: 65% of detached houses houses are smaller than 39 PARSONS HEATH, and 34% of houses are larger. Note that EPC data is not available for all properties in Colchester.

39 PARSONS HEATH: Plot and Title Map

39 PARSONS HEATH sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 39 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 39 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 39 PARSONS HEATH?

39 PARSONS HEATH is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 39 on PARSONS HEATH.