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
66 GAVIN WAY is a midsized detached house of 117m², built sometime between 2003 and 2006. It was last sold for £319,995 in January 2020, which was around 25% below the average January 2020 detached price in the Colchester local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 66 GAVIN WAY since 1st 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 66 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 |
---|---|---|---|
2020 6 JAN | £319,995 | £428,216 | 25% below HPI |
2019 10 DEC | £315,000 | £425,212 | 26% below HPI |
2009 22 APR | £210,000 | £228,501 | 8% below HPI |
2005 19 DEC | £220,000 | £271,084 | 19% below HPI |
2004 26 JUL | £233,000 | £259,039 | 10% below HPI |
2003 24 APR | £199,950 | £228,017 | 12% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The six 66 GAVIN WAY sales between April 2003 and January 2020 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 December 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
66 GAVIN WAY is 117m² according to the EPC inspection conducted in October 2019. This puts it in the largest 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 66 GAVIN WAY lies on this distribution: 56% of detached houses are smaller than 66 GAVIN WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Colchester.
66 GAVIN WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 66 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 66 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.
66 GAVIN WAY is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 66 on GAVIN WAY.