2, BORGES GARDENS, MILE END, COLCHESTER, CO4 5EF - £515,000

2 BORGES GARDENS is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £515,000 in February 2021, which was around 12% above the average February 2021 detached price in the Colchester local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

2 BORGES GARDENS Sold Prices

Land registry data shows three sales for 2 BORGES GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. One of the three 2 BORGES GARDENS sales was for above the average price, whilst two 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
2021 26 FEB	£515,000	£457,856	12% above HPI
2013 15 JUL	£236,000	£289,834	19% below HPI
1999 25 MAY	£51,000	£113,788	55% below HPI

2 BORGES GARDENS 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 three 2 BORGES GARDENS sales between May 1999 and February 2021 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 July 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 BORGES GARDENS?

2 BORGES GARDENS is 92m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 2 BORGES GARDENS lies on this distribution: 29% of detached houses are smaller than 2 BORGES GARDENS, and 69% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 BORGES GARDENS: Plot and Title Map

2 BORGES GARDENS sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 2 BORGES GARDENS, 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 2 BORGES GARDENS). 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 2 BORGES GARDENS?

2 BORGES GARDENS is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 2 on BORGES GARDENS.