59, KIRK WAY, COLCHESTER, CO4 5ZN - £360,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

59 KIRK WAY is a midsized detached house of 108m², built sometime between 2007 and 2011, which could now be worth an estimated £363,050. It was last sold for £360,000 in May 2022, which was around 28% below the average May 2022 detached price in the Colchester local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

59 KIRK WAY Sold Prices

Land registry data shows two sales for 59 KIRK WAY 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 59 KIRK 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
2022 4 MAY	£360,000	£498,023	28% below HPI
2009 28 OCT	£215,500	£267,688	19% below HPI

59 KIRK 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 two 59 KIRK WAY sales from October 2009 and May 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 October 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 59 KIRK WAY be worth now?

59 KIRK WAY might now be worth an estimated £363,050.

This is based on house price inflation of 0.8%, between May 2022 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 0.8% inflationary increase is applied to the most recent sale price for 59 KIRK WAY of £360,000 on 4th May 2022. For the value to have increased from £360,000 to £363,050 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 59 KIRK WAY has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 59 KIRK WAY has not materially changed since May 2022.

How Large is 59 KIRK WAY?

59 KIRK WAY is 108m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 50% 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 59 KIRK WAY lies on this distribution: 46% of detached houses houses are smaller than 59 KIRK WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Colchester.

59 KIRK WAY: Plot and Title Map

59 KIRK WAY sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 59 KIRK 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 59 KIRK 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 59 KIRK WAY?

59 KIRK WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 59 on KIRK WAY.