7, TIMBER HILL, COLCHESTER, CO1 2PW - £336,500

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

7 TIMBER HILL is a small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £336,500 in May 2022, which was around 32% below the average May 2022 detached price in the Colchester local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

7 TIMBER HILL Sold Prices

Land registry data shows four sales for 7 TIMBER HILL 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 7 TIMBER HILL 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 24 MAY	£336,500	£496,658	32% below HPI
2005 15 JUN	£180,000	£267,383	33% below HPI
2005 22 APR	£184,000	£265,510	31% below HPI
1996 11 OCT	£65,000	£90,937	29% below HPI

7 TIMBER HILL 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 7 TIMBER HILL sales between October 1996 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 June 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 TIMBER HILL?

7 TIMBER HILL is 101m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% 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 TIMBER HILL lies on this distribution: 38% of detached houses are smaller than 7 TIMBER HILL, and 61% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 TIMBER HILL: Plot and Title Map

7 TIMBER HILL sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 7 TIMBER HILL, 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 TIMBER HILL). 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 TIMBER HILL?

7 TIMBER HILL is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 7 on TIMBER HILL.