49, THE WILLOWS, COLCHESTER, CO2 8PX - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

49 THE WILLOWS is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £305,000 in May 2020, which was around 29% below the average May 2020 detached price in the Colchester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

49 THE WILLOWS Sold Prices

Land registry data shows three sales for 49 THE WILLOWS 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 49 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
2020 21 MAY	£305,000	£427,758	29% below HPI
2016 11 MAR	£273,000	£373,797	27% below HPI
1997 14 MAR	£65,675	£92,966	29% below HPI

49 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 three 49 THE WILLOWS sales between March 1997 and May 2020 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 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 49 THE WILLOWS?

49 THE WILLOWS is 112m², which includes four extensions, according to the EPC inspection conducted in September 2015. 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 THE WILLOWS lies on this distribution: 50% of detached houses are smaller than 49 THE WILLOWS, and 49% of houses are larger. Note that EPC data is not available for all properties in Colchester.

49 THE WILLOWS: Plot and Title Map

49 THE WILLOWS sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 49 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 49 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 49 THE WILLOWS?

49 THE WILLOWS is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 49 on THE WILLOWS.