4, GRASSMERE, HIGHWOODS, COLCHESTER, CO4 9UG - £143,000

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

4 GRASSMERE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £143,000 in May 2009, which was around 38% below the average May 2009 detached price in the Colchester local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was B.

4 GRASSMERE Sold Prices

Land registry data shows three sales for 4 GRASSMERE 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. All of the three 4 GRASSMERE 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
2009 15 MAY	£143,000	£230,428	38% below HPI
2003 7 MAR	£138,000	£227,259	39% below HPI
2001 30 AUG	£91,950	£167,800	45% below HPI

4 GRASSMERE 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 4 GRASSMERE sales between August 2001 and May 2009 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 March 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2009 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 4 GRASSMERE?

4 GRASSMERE is 80m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 4 GRASSMERE lies on this distribution: 14% of detached houses are smaller than 4 GRASSMERE, and 85% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 GRASSMERE: Plot and Title Map

4 GRASSMERE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 4 GRASSMERE, 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 4 GRASSMERE). 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 4 GRASSMERE?

4 GRASSMERE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 4 on GRASSMERE.