45, THE WILLOWS, COLCHESTER, CO2 8PX - £180,000

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

45 THE WILLOWS is a midsized extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £180,000 in February 2007, which was around 39% below the average February 2007 detached price in the Colchester local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

45 THE WILLOWS Sold Prices

Land registry data shows four sales for 45 THE WILLOWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 45 THE WILLOWS 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
2007 23 FEB	£180,000	£294,497	39% below HPI
2003 22 AUG	£147,000	£236,145	38% below HPI
1999 30 MAR	£73,800	£113,900	35% below HPI
1997 28 FEB	£68,600	£91,601	25% below HPI

45 THE WILLOWS 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 four 45 THE WILLOWS sales between February 1997 and February 2007 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 August 2003 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2007 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 45 THE WILLOWS?

45 THE WILLOWS is 106m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 45 THE WILLOWS lies on this distribution: 44% of detached houses are smaller than 45 THE WILLOWS, and 55% of houses are larger. Note that EPC data is not available for all properties in Colchester.

45 THE WILLOWS: Plot and Title Map

45 THE WILLOWS sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 45 THE WILLOWS, 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 45 THE WILLOWS). 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 45 THE WILLOWS?

45 THE WILLOWS is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 45 on THE WILLOWS.