53, GAVIN WAY, HIGHWOODS, COLCHESTER, CO4 9FF - £387,000

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

53 GAVIN WAY is a midsized detached house of 108m², built sometime between 1996 and 2002. It was last sold for £387,000 in March 2024, which was around 21% below the average March 2024 detached price in the Colchester local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

53 GAVIN WAY Sold Prices

Land registry data shows six sales for 53 GAVIN WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the six 53 GAVIN WAY 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
2024 15 MAR	£387,000	£488,997	21% below HPI
2015 8 MAY	£257,000	£347,968	26% below HPI
2009 30 OCT	£215,000	£266,955	19% below HPI
2007 2 FEB	£210,000	£294,497	29% below HPI
2006 31 MAR	£186,750	£277,662	33% below HPI
2000 26 SEP	£122,000	£149,074	18% below HPI

53 GAVIN WAY 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 six 53 GAVIN WAY sales between September 2000 and March 2024 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 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 53 GAVIN WAY?

53 GAVIN WAY is 108m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 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 53 GAVIN WAY lies on this distribution: 46% of detached houses are smaller than 53 GAVIN WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Colchester.

53 GAVIN WAY: Plot and Title Map

53 GAVIN WAY sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 53 GAVIN WAY, 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 53 GAVIN WAY). 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 53 GAVIN WAY?

53 GAVIN WAY is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 53 on GAVIN WAY.