7, CHAFFINCH GARDENS, COLCHESTER, CO4 3FH - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 CHAFFINCH GARDENS is a very large extended detached house of 181m², built sometime between 1983 and 1990. It was last sold for £450,000 in August 2021, which was around 1% below the average August 2021 detached price in the Colchester local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

7 CHAFFINCH GARDENS Sold Prices

Land registry data shows two sales for 7 CHAFFINCH GARDENS 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 7 CHAFFINCH GARDENS 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 27 AUG	£450,000	£456,042	1% below HPI
2021 24 JUN	£430,000	£442,452	3% below HPI

7 CHAFFINCH GARDENS 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 7 CHAFFINCH GARDENS sales from June 2021 and August 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 2021 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 7 CHAFFINCH GARDENS?

7 CHAFFINCH GARDENS is 181m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 7 CHAFFINCH GARDENS lies on this distribution: 92% of detached houses are smaller than 7 CHAFFINCH GARDENS, and 8% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 CHAFFINCH GARDENS: Plot and Title Map

7 CHAFFINCH GARDENS sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of 7 CHAFFINCH GARDENS, 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 7 CHAFFINCH GARDENS). 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 7 CHAFFINCH GARDENS?

7 CHAFFINCH GARDENS is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 7 on CHAFFINCH GARDENS.