40, HATCHER CRESCENT, COLCHESTER, CO2 8JG - £350,000

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

40 HATCHER CRESCENT is a large extended detached house of 130m², built sometime between 2003 and 2006. It was last sold for £350,000 in May 2022, which was around 30% below the average May 2022 detached price in the Colchester local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

40 HATCHER CRESCENT Sold Prices

Land registry data shows three sales for 40 HATCHER CRESCENT 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 40 HATCHER CRESCENT 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
2022 11 MAY	£350,000	£496,658	30% below HPI
2007 21 SEP	£230,000	£306,812	25% below HPI
2004 23 NOV	£216,000	£267,685	19% below HPI

40 HATCHER CRESCENT 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 40 HATCHER CRESCENT sales between November 2004 and May 2022 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 September 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 40 HATCHER CRESCENT?

40 HATCHER CRESCENT is 130m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 40 HATCHER CRESCENT lies on this distribution: 68% of detached houses are smaller than 40 HATCHER CRESCENT, and 31% of houses are larger. Note that EPC data is not available for all properties in Colchester.

40 HATCHER CRESCENT: Plot and Title Map

40 HATCHER CRESCENT sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 40 HATCHER CRESCENT, 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 40 HATCHER CRESCENT). 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 40 HATCHER CRESCENT?

40 HATCHER CRESCENT is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 40 on HATCHER CRESCENT.