12, GRASSMERE, HIGHWOODS, COLCHESTER, CO4 9UG - £79,995

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.

12 GRASSMERE is a very small terraced house of 39m², built sometime between 1983 and 1990, which could now be worth an estimated £211,741. It was last sold for £79,995 in September 2002, which was around 20% below the average September 2002 terraced price in the Colchester local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was A.

12 GRASSMERE Sold Prices

Land registry data shows four sales for 12 GRASSMERE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. All of the four 12 GRASSMERE 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
2002 23 SEP	£79,995	£100,490	20% below HPI
2001 6 AUG	£56,000	£77,827	28% below HPI
2000 20 SEP	£49,995	£68,524	27% below HPI
1999 1 APR	£38,500	£53,173	28% below HPI

12 GRASSMERE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Colchester local authority area over time, sourced from the HPI. The four 12 GRASSMERE sales between April 1999 and September 2002 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 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2002 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 12 GRASSMERE be worth now?

12 GRASSMERE might now be worth an estimated £211,741.

This is based on house price inflation of 164.7%, between September 2002 and April 2026, for terraced 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 164.7% inflationary increase is applied to the most recent sale price for 12 GRASSMERE of £79,995 on 23rd September 2002. For the value to have increased from £79,995 to £211,741 over the 24 years and five months to April 2026, the following assumptions must hold true:

• The value of 12 GRASSMERE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The September 2002 sale price of £79,995 represented a fair market value for the property.
• The size, condition, and specification of 12 GRASSMERE has not materially changed since September 2002.

How Large is 12 GRASSMERE?

12 GRASSMERE is 39m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of terraced houses houses in Colchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colchester, and where 12 GRASSMERE lies on this distribution: Less than 1% of terraced houses houses are smaller than 12 GRASSMERE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 GRASSMERE: Plot and Title Map

12 GRASSMERE sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 12 GRASSMERE, 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 12 GRASSMERE). 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 12 GRASSMERE?

12 GRASSMERE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 12 on GRASSMERE.