4, THE CHASE, COLCHESTER, CO1 2GF - £190,000

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 THE CHASE is a very small semi-detached house of 79m², built sometime from 2012 onwards. It was last sold for £190,000 in August 2021, which was around 58% below the average August 2021 detached price in the Colchester local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

4 THE CHASE Sold Prices

Land registry data shows three sales for 4 THE CHASE 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 THE CHASE 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
2021 25 AUG	£190,000	£456,042	58% below HPI
2012 1 MAR	£120,000	£282,204	57% below HPI
1997 11 APR	£45,000	£93,153	52% below HPI

4 THE CHASE 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 THE CHASE sales between April 1997 and August 2021 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 2012 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the August 2021 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 4 THE CHASE?

4 THE CHASE is 79m² according to the EPC inspection conducted in May 2022. 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 THE CHASE lies on this distribution: 13% of detached houses are smaller than 4 THE CHASE, and 87% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 THE CHASE: Plot and Title Map

4 THE CHASE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 4 THE CHASE, 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 THE CHASE). 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 THE CHASE?

4 THE CHASE is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 4 on THE CHASE.