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
76 GAVIN WAY is a large detached house of 150m², built sometime between 2003 and 2006. It was last sold for £485,000 in January 2022, which was about the average January 2022 detached price in the Colchester local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 76 GAVIN WAY since 1st 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. The three 76 GAVIN WAY sales were a mix of roughly equal to the average price, and above 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 26 JAN | £485,000 | £486,631 | Close to HPI |
2010 27 AUG | £305,000 | £284,644 | 7% above HPI |
2002 29 NOV | £250,000 | £223,504 | 12% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 76 GAVIN WAY sales between November 2002 and January 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 August 2010 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
76 GAVIN WAY is 150m² according to the EPC inspection conducted in July 2021. This puts it in the largest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 76 GAVIN WAY lies on this distribution: 80% of detached houses are smaller than 76 GAVIN WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Colchester.
76 GAVIN WAY sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 76 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 76 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.
76 GAVIN WAY is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 76 on GAVIN WAY.