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
5 ARROWSMITH WALK is a very small extended detached house of 66m², built sometime between 2003 and 2006. It was last sold for £285,000 in June 2021, which was around 36% below the average June 2021 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.
Land registry data shows five sales for 5 ARROWSMITH WALK since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 5 ARROWSMITH WALK 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 JUN | £285,000 | £442,452 | 36% below HPI |
2017 5 MAY | £260,000 | £416,527 | 38% below HPI |
2013 13 DEC | £191,000 | £302,483 | 37% below HPI |
2006 30 NOV | £180,000 | £288,355 | 38% below HPI |
2005 29 APR | £173,500 | £265,510 | 35% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The five 5 ARROWSMITH WALK sales between April 2005 and June 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 May 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
5 ARROWSMITH WALK is 66m², which includes one extension, according to the EPC inspection conducted in May 2024. 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 5 ARROWSMITH WALK lies on this distribution: 5% of detached houses are smaller than 5 ARROWSMITH WALK, and 95% of houses are larger. Note that EPC data is not available for all properties in Colchester.
5 ARROWSMITH WALK sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 5 ARROWSMITH WALK, 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 5 ARROWSMITH WALK). 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.
5 ARROWSMITH WALK is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 5 on ARROWSMITH WALK.