42, HATCHER CRESCENT, COLCHESTER, CO2 8JG - £345,000

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.

42 HATCHER CRESCENT is a large extended detached house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £394,392. It was last sold for £345,000 in May 2021, which was around 21% below the average May 2021 detached price in the Colchester local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

42 HATCHER CRESCENT Sold Prices

Land registry data shows three sales for 42 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 42 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
2021 28 MAY	£345,000	£439,343	21% below HPI
2008 25 APR	£250,000	£300,039	17% below HPI
2007 27 JUL	£220,000	£304,668	28% below HPI

42 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 42 HATCHER CRESCENT sales between July 2007 and May 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 April 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 42 HATCHER CRESCENT be worth now?

42 HATCHER CRESCENT might now be worth an estimated £394,392.

This is based on house price inflation of 14.3%, between May 2021 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 14.3% inflationary increase is applied to the most recent sale price for 42 HATCHER CRESCENT of £345,000 on 28th May 2021. For the value to have increased from £345,000 to £394,392 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 42 HATCHER CRESCENT has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 42 HATCHER CRESCENT has not materially changed since May 2021.

How Large is 42 HATCHER CRESCENT?

42 HATCHER CRESCENT is 130m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 40% 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 42 HATCHER CRESCENT lies on this distribution: 68% of detached houses houses are smaller than 42 HATCHER CRESCENT, and 31% of houses are larger. Note that EPC data is not available for all properties in Colchester.

42 HATCHER CRESCENT: Plot and Title Map

42 HATCHER CRESCENT sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 42 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 42 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 42 HATCHER CRESCENT?

42 HATCHER CRESCENT is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 42 on HATCHER CRESCENT.