1, FIRS WALK, COLCHESTER, CO4 6BL - £408,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 FIRS WALK is a very small detached house of 84m², built in 2018, which could now be worth an estimated £403,863. It was last sold for £408,000 in June 2023, which was around 19% below the average June 2023 detached price in the Colchester local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.

1 FIRS WALK Sold Prices

Land registry data shows two sales for 1 FIRS 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 1 FIRS WALK 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
2023 30 JUN	£408,000	£505,308	19% below HPI
2021 28 JUN	£340,000	£443,667	23% below HPI

1 FIRS 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 1 FIRS WALK sales from June 2021 and June 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 2021 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 FIRS WALK be worth now?

1 FIRS WALK might now be worth an estimated £403,863.

This is based on house price deflation of 1%, between June 2023 and October 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% deflationary decrease is applied to the most recent sale price for 1 FIRS WALK of £408,000 on 30th June 2023. For the value to have decreased from £408,000 to £403,863 over the one year and eight months to October 2025, the following assumptions must hold true:

• The value of 1 FIRS WALK has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2023 sale price of £408,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FIRS WALK has not materially changed since June 2023.

How Large is 1 FIRS WALK?

1 FIRS WALK is 84m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 1 FIRS WALK lies on this distribution: 18% of detached houses houses are smaller than 1 FIRS WALK, and 81% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 FIRS WALK: Plot and Title Map

1 FIRS WALK sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 1 FIRS 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 1 FIRS 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 1 FIRS WALK?

1 FIRS WALK is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 1 on FIRS WALK.