2, HOWARDS CROFT, COLCHESTER, CO4 5FP - £420,000

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.

2 HOWARDS CROFT is a midsized detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £515,086. It was last sold for £420,000 in November 2016, which was around 2% above the average November 2016 detached price in the Colchester local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

2 HOWARDS CROFT Sold Prices

Land registry data shows two sales for 2 HOWARDS CROFT 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 2 HOWARDS CROFT 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
2016 23 NOV	£420,000	£410,901	2% above HPI
1999 30 APR	£155,000	£111,692	39% above HPI

2 HOWARDS CROFT 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 2 HOWARDS CROFT sales from April 1999 and November 2016 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 April 1999 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the November 2016 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 HOWARDS CROFT be worth now?

2 HOWARDS CROFT might now be worth an estimated £515,086.

This is based on house price inflation of 22.6%, between November 2016 and April 2026, 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 22.6% inflationary increase is applied to the most recent sale price for 2 HOWARDS CROFT of £420,000 on 23rd November 2016. For the value to have increased from £420,000 to £515,086 over the ten years and seven months to April 2026, the following assumptions must hold true:

• The value of 2 HOWARDS CROFT has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2016 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOWARDS CROFT has not materially changed since November 2016.

How Large is 2 HOWARDS CROFT?

2 HOWARDS CROFT is 117m² according to the EPC inspection conducted in November 2012. This puts it in the largest 50% 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 2 HOWARDS CROFT lies on this distribution: 56% of detached houses houses are smaller than 2 HOWARDS CROFT, and 43% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 HOWARDS CROFT: Plot and Title Map

2 HOWARDS CROFT sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 2 HOWARDS CROFT, 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 HOWARDS CROFT). 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 HOWARDS CROFT?

2 HOWARDS CROFT is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 2 on HOWARDS CROFT.