5, GREENWOOD GROVE, COLCHESTER, CO4 9EF - £600,000

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

5 GREENWOOD GROVE is a large detached house of 144m², built sometime between 1983 and 1990. It was last sold for £600,000 in February 2021, which was around 36% above the average February 2021 detached price in the Colchester local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

5 GREENWOOD GROVE Sold Prices

Land registry data shows two sales for 5 GREENWOOD GROVE 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 GREENWOOD GROVE sales were for above 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 3 FEB	£600,000	£442,770	36% above HPI
1998 8 SEP	£125,000	£112,483	11% above HPI

5 GREENWOOD GROVE 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 GREENWOOD GROVE sales from September 1998 and February 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 September 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2021 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 5 GREENWOOD GROVE?

5 GREENWOOD GROVE is 144m² according to the EPC inspection conducted in September 2020. This puts it in the largest 30% 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 GREENWOOD GROVE lies on this distribution: 77% of detached houses are smaller than 5 GREENWOOD GROVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 GREENWOOD GROVE: Plot and Title Map

5 GREENWOOD GROVE sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of 5 GREENWOOD GROVE, 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 GREENWOOD GROVE). 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 GREENWOOD GROVE?

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