5, FERNLEA, COLCHESTER, CO4 5UA - £214,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 FERNLEA is a small detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £370,097. It was last sold for £214,000 in October 2010, which was around 26% below the average October 2010 detached price in the Colchester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

5 FERNLEA Sold Prices

Land registry data shows two sales for 5 FERNLEA 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 5 FERNLEA 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
2010 25 OCT	£214,000	£290,410	26% below HPI
2005 26 SEP	£186,500	£268,673	31% below HPI

5 FERNLEA 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 5 FERNLEA sales from September 2005 and October 2010 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 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2010 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 5 FERNLEA be worth now?

5 FERNLEA might now be worth an estimated £370,097.

This is based on house price inflation of 72.9%, between October 2010 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 72.9% inflationary increase is applied to the most recent sale price for 5 FERNLEA of £214,000 on 25th October 2010. For the value to have increased from £214,000 to £370,097 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 FERNLEA has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2010 sale price of £214,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FERNLEA has not materially changed since October 2010.

How Large is 5 FERNLEA?

5 FERNLEA is 92m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% 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 5 FERNLEA lies on this distribution: 29% of detached houses houses are smaller than 5 FERNLEA, and 70% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 FERNLEA: Plot and Title Map

5 FERNLEA sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 5 FERNLEA, 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 FERNLEA). 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 5 FERNLEA?

5 FERNLEA is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 5 on FERNLEA.