4, RICHARDSON WALK, COLCHESTER, CO3 4AJ - £885,000

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.

4 RICHARDSON WALK is a very large extended detached house of 278m², built sometime between 1930 and 1949, which could now be worth an estimated £1,002,782. It was last sold for £885,000 in September 2019, which was around 100% above the average September 2019 detached price in the Colchester local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

4 RICHARDSON WALK Sold Prices

Land registry data shows two sales for 4 RICHARDSON WALK 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 RICHARDSON WALK 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
2019 5 SEP	£885,000	£443,251	100% above HPI
2007 4 APR	£455,000	£293,196	55% above HPI

4 RICHARDSON WALK 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 RICHARDSON WALK sales from April 2007 and September 2019 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 April 2007 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the September 2019 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 4 RICHARDSON WALK be worth now?

4 RICHARDSON WALK might now be worth an estimated £1,002,782.

This is based on house price inflation of 13.3%, between September 2019 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 13.3% inflationary increase is applied to the most recent sale price for 4 RICHARDSON WALK of £885,000 on 5th September 2019. For the value to have increased from £885,000 to £1,002,782 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 RICHARDSON WALK has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2019 sale price of £885,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RICHARDSON WALK has not materially changed since September 2019.

How Large is 4 RICHARDSON WALK?

4 RICHARDSON WALK is 278m², which includes four extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 10% 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 4 RICHARDSON WALK lies on this distribution: 99% of detached houses houses are smaller than 4 RICHARDSON WALK, and 1% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 RICHARDSON WALK: Plot and Title Map

4 RICHARDSON WALK sits on a plot of roughly 0.291 of an acre, or 1,178m². The below map shows the location of 4 RICHARDSON WALK, 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 RICHARDSON WALK). 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 RICHARDSON WALK?

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