7, NORTHFIELD GARDENS, HIGHWOODS, COLCHESTER, CO4 9TL - £310,000

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.

7 NORTHFIELD GARDENS is a very small detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £362,982. It was last sold for £310,000 in May 2020, which was around 28% below the average May 2020 detached price in the Colchester local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

7 NORTHFIELD GARDENS Sold Prices

Land registry data shows three sales for 7 NORTHFIELD GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 7 NORTHFIELD 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
2020 29 MAY	£310,000	£428,933	28% below HPI
2007 22 JAN	£212,500	£295,101	28% below HPI
2001 25 JAN	£118,500	£151,005	22% below HPI

7 NORTHFIELD 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 three 7 NORTHFIELD GARDENS sales between January 2001 and May 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 January 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2020 sale, which was also at 28% below the HPI.

What might 7 NORTHFIELD GARDENS be worth now?

7 NORTHFIELD GARDENS might now be worth an estimated £362,982.

This is based on house price inflation of 17.1%, between May 2020 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 17.1% inflationary increase is applied to the most recent sale price for 7 NORTHFIELD GARDENS of £310,000 on 29th May 2020. For the value to have increased from £310,000 to £362,982 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 7 NORTHFIELD GARDENS has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NORTHFIELD GARDENS has not materially changed since May 2020.

How Large is 7 NORTHFIELD GARDENS?

7 NORTHFIELD GARDENS is 84m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% 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 7 NORTHFIELD GARDENS lies on this distribution: 18% of detached houses houses are smaller than 7 NORTHFIELD GARDENS, and 80% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 NORTHFIELD GARDENS: Plot and Title Map

7 NORTHFIELD GARDENS sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 7 NORTHFIELD 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 NORTHFIELD 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 NORTHFIELD GARDENS?

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