7A, RICHARDSON WALK, COLCHESTER, CO3 4AJ - £920,000

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

7A RICHARDSON WALK is a very large extended detached house of 239m², built sometime between 1976 and 1982. It was last sold for £920,000 in December 2023, which was around 84% above the average December 2023 detached price in the Colchester local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

7A RICHARDSON WALK Sold Prices

Land registry data shows two sales for 7A RICHARDSON WALK 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 7A RICHARDSON WALK sales were for 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
2023 15 DEC	£920,000	£500,095	84% above HPI
2011 30 JUN	£515,000	£285,305	81% above HPI

7A RICHARDSON WALK 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 7A RICHARDSON WALK sales from June 2011 and December 2023 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 2011 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the December 2023 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is 7A RICHARDSON WALK?

7A RICHARDSON WALK is 239m², which includes one extension, according to the EPC inspection conducted in August 2023. 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 7A RICHARDSON WALK lies on this distribution: 98% of detached houses are smaller than 7A RICHARDSON WALK, and 2% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7A RICHARDSON WALK: Plot and Title Map

7A RICHARDSON WALK sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of 7A RICHARDSON WALK, 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 7A RICHARDSON WALK). 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 7A RICHARDSON WALK?

7A RICHARDSON WALK is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 7A on RICHARDSON WALK.