CHASE COTTAGE, THE CHASE, COLCHESTER, CO3 9BU - £545,000

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

CHASE COTTAGE is a very large extended detached house of 211m², built sometime between 1991 and 1995. It was last sold for £545,000 in January 2012, which was around 89% above the average January 2012 detached price in the Colchester local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was F.

CHASE COTTAGE Sold Prices

Land registry data shows two sales for CHASE COTTAGE 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 CHASE COTTAGE 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
2012 31 JAN	£545,000	£288,326	89% above HPI
1995 24 NOV	£175,000	£87,937	99% above HPI

CHASE COTTAGE 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 CHASE COTTAGE sales from November 1995 and January 2012 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 November 1995 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the January 2012 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is CHASE COTTAGE?

CHASE COTTAGE is 211m², which includes one extension, according to the EPC inspection conducted in August 2009. 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 CHASE COTTAGE lies on this distribution: 96% of detached houses are smaller than CHASE COTTAGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Colchester.

CHASE COTTAGE: Plot and Title Map

CHASE COTTAGE sits on a plot of roughly 0.281 of an acre, or 1,139m². The below map shows the location of CHASE COTTAGE, 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 CHASE COTTAGE). 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 CHASE COTTAGE?

CHASE COTTAGE is located on THE CHASE in COLCHESTER, in the CO3 postcode district. The below map shows the position of CHASE COTTAGE on THE CHASE.