4, PARSONS HILL, COLCHESTER, CO3 4DT - £480,000

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 PARSONS HILL is a large detached house of 135m², built sometime between 1967 and 1975. It was last sold for £480,000 in December 2017, which was around 10% above the average December 2017 detached price in the Colchester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was F, and the potential energy rating was C.

4 PARSONS HILL Sold Prices

Land registry data shows two sales for 4 PARSONS HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 4 PARSONS HILL 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
2017 4 DEC	£480,000	£435,048	10% above HPI
2003 10 JUL	£400,000	£236,514	69% above HPI

4 PARSONS HILL 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 two 4 PARSONS HILL sales from July 2003 and December 2017 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 2003 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the December 2017 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 4 PARSONS HILL?

4 PARSONS HILL is 135m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% 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 PARSONS HILL lies on this distribution: 71% of detached houses are smaller than 4 PARSONS HILL, and 28% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 PARSONS HILL: Plot and Title Map

4 PARSONS HILL sits on a plot of roughly 0.498 of an acre, or 2,015m². The below map shows the location of 4 PARSONS HILL, 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 PARSONS HILL). 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 PARSONS HILL?

4 PARSONS HILL is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 4 on PARSONS HILL.