PROVIDENCE, BIRCH STREET, BIRCH, COLCHESTER, CO2 0NN - £725,000

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

PROVIDENCE is a large extended detached house of 171m², built sometime from 2007 onwards. It was last sold for £725,000 in May 2022, which was around 46% above the average May 2022 detached price in the Colchester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

PROVIDENCE Sold Prices

Land registry data shows two sales for PROVIDENCE 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 PROVIDENCE 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
2022 31 MAY	£725,000	£496,658	46% above HPI
2019 18 DEC	£620,000	£425,212	46% above HPI

PROVIDENCE 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 PROVIDENCE sales from December 2019 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 December 2019 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the May 2022 sale, which was also at 46% above the HPI.

How Large is PROVIDENCE?

PROVIDENCE is 171m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Birch Green, based on EPC data. The below chart shows the distribution of detached houses by size in Birch Green, and where PROVIDENCE lies on this distribution: 74% of detached houses are smaller than PROVIDENCE, and 26% of houses are larger. Note that EPC data is not available for all properties in Birch Green.

PROVIDENCE: Plot and Title Map

PROVIDENCE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of PROVIDENCE, 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 PROVIDENCE). 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 PROVIDENCE?

PROVIDENCE is located on BIRCH STREET in BIRCH, in the CO2 postcode district. The below map shows the position of PROVIDENCE on BIRCH STREET.