18, REYNOLDS AVENUE, COLCHESTER, CO3 4QT - £340,000

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.

18 REYNOLDS AVENUE is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £407,168. It was last sold for £340,000 in May 2017, which was around 19% below the average May 2017 detached price in the Colchester local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

18 REYNOLDS AVENUE Sold Prices

Land registry data shows two sales for 18 REYNOLDS AVENUE 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 18 REYNOLDS AVENUE 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
2017 19 MAY	£340,000	£417,672	19% below HPI
2003 30 MAY	£185,000	£231,951	20% below HPI

18 REYNOLDS AVENUE 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 18 REYNOLDS AVENUE sales from May 2003 and May 2017 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 May 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 18 REYNOLDS AVENUE be worth now?

18 REYNOLDS AVENUE might now be worth an estimated £407,168.

This is based on house price inflation of 19.8%, between May 2017 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 19.8% inflationary increase is applied to the most recent sale price for 18 REYNOLDS AVENUE of £340,000 on 19th May 2017. For the value to have increased from £340,000 to £407,168 over the seven years and seven months to October 2025, the following assumptions must hold true:

• The value of 18 REYNOLDS AVENUE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2017 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 18 REYNOLDS AVENUE has not materially changed since May 2017.

How Large is 18 REYNOLDS AVENUE?

18 REYNOLDS AVENUE is 78m² according to the EPC inspection conducted in April 2017. 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 18 REYNOLDS AVENUE lies on this distribution: 11% of detached houses houses are smaller than 18 REYNOLDS AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Colchester.

18 REYNOLDS AVENUE: Plot and Title Map

18 REYNOLDS AVENUE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 18 REYNOLDS AVENUE, 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 18 REYNOLDS AVENUE). 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 18 REYNOLDS AVENUE?

18 REYNOLDS AVENUE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 18 on REYNOLDS AVENUE.