49, GAVIN WAY, HIGHWOODS, COLCHESTER, CO4 9FF - £208,750

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

49 GAVIN WAY is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £208,750 in June 2004, which was around 19% below the average June 2004 detached price in the Colchester local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

49 GAVIN WAY Sold Prices

Land registry data shows two sales for 49 GAVIN WAY 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 49 GAVIN WAY 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
2004 28 JUN	£208,750	£256,983	19% below HPI
2000 22 SEP	£135,500	£149,074	9% below HPI

49 GAVIN WAY 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 49 GAVIN WAY sales from September 2000 and June 2004 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 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2004 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 49 GAVIN WAY?

49 GAVIN WAY is 116m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 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 49 GAVIN WAY lies on this distribution: 55% of detached houses are smaller than 49 GAVIN WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Colchester.

49 GAVIN WAY: Plot and Title Map

49 GAVIN WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 49 GAVIN WAY, 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 49 GAVIN WAY). 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 49 GAVIN WAY?

49 GAVIN WAY is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 49 on GAVIN WAY.