5, SPINDLE STREET, COLCHESTER, CO4 5WX - £422,000

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 SPINDLE STREET is a large detached house of 137m², built sometime from 2012 onwards. It was last sold for £422,000 in July 2022, which was around 17% below the average July 2022 detached price in the Colchester local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

5 SPINDLE STREET Sold Prices

Land registry data shows two sales for 5 SPINDLE STREET 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 SPINDLE STREET 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
2022 27 JUL	£422,000	£508,068	17% below HPI
2012 30 MAR	£250,000	£282,204	11% below HPI

5 SPINDLE STREET 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 SPINDLE STREET sales from March 2012 and July 2022 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 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 SPINDLE STREET?

5 SPINDLE STREET is 137m² according to the EPC inspection conducted in May 2022. 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 SPINDLE STREET lies on this distribution: 73% of detached houses are smaller than 5 SPINDLE STREET, and 27% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 SPINDLE STREET: Plot and Title Map

5 SPINDLE STREET sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 5 SPINDLE STREET, 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 SPINDLE STREET). 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 SPINDLE STREET?

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