62, EGRET CRESCENT, COLCHESTER, CO4 3FP - £250,000

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.

62 EGRET CRESCENT is a small detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £282,802. It was last sold for £250,000 in February 2021, which was around 44% below the average February 2021 detached price in the Colchester local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

62 EGRET CRESCENT Sold Prices

Land registry data shows four sales for 62 EGRET CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 62 EGRET CRESCENT 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
2021 24 FEB	£250,000	£443,987	44% below HPI
2016 3 JUN	£237,000	£388,396	39% below HPI
2007 19 APR	£186,500	£293,196	36% below HPI
2001 2 FEB	£93,000	£152,093	39% below HPI

62 EGRET CRESCENT 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 four 62 EGRET CRESCENT sales between February 2001 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 June 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 62 EGRET CRESCENT be worth now?

62 EGRET CRESCENT might now be worth an estimated £282,802.

This is based on house price inflation of 13.1%, between February 2021 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 13.1% inflationary increase is applied to the most recent sale price for 62 EGRET CRESCENT of £250,000 on 24th February 2021. For the value to have increased from £250,000 to £282,802 over the four years to February 2025, the following assumptions must hold true:

• The value of 62 EGRET CRESCENT has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 62 EGRET CRESCENT has not materially changed since February 2021.

How Large is 62 EGRET CRESCENT?

62 EGRET CRESCENT is 89m² according to the EPC inspection conducted in October 2015. 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 62 EGRET CRESCENT lies on this distribution: 25% of detached houses houses are smaller than 62 EGRET CRESCENT, and 74% of houses are larger. Note that EPC data is not available for all properties in Colchester.

62 EGRET CRESCENT: Plot and Title Map

62 EGRET CRESCENT sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 62 EGRET CRESCENT, 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 62 EGRET CRESCENT). 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 62 EGRET CRESCENT?

62 EGRET CRESCENT is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 62 on EGRET CRESCENT.