41, HILLS CRESCENT, COLCHESTER, CO3 4NY - £320,000

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

41 HILLS CRESCENT is a very small extended detached house of 70m², built sometime between 1967 and 1975. It was last sold for £320,000 in September 2023, which was around 36% below the average September 2023 detached price in the Colchester local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

41 HILLS CRESCENT Sold Prices

Land registry data shows two sales for 41 HILLS CRESCENT 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 41 HILLS 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
2023 1 SEP	£320,000	£503,529	36% below HPI
1997 17 MAR	£79,500	£92,966	14% below HPI

41 HILLS 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 two 41 HILLS CRESCENT sales from March 1997 and September 2023 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 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 41 HILLS CRESCENT?

41 HILLS CRESCENT is 70m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 41 HILLS CRESCENT lies on this distribution: 7% of detached houses are smaller than 41 HILLS CRESCENT, and 93% of houses are larger. Note that EPC data is not available for all properties in Colchester.

41 HILLS CRESCENT: Plot and Title Map

41 HILLS CRESCENT sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 41 HILLS 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 41 HILLS 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 41 HILLS CRESCENT?

41 HILLS CRESCENT is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 41 on HILLS CRESCENT.