24, PARSONS HEATH, COLCHESTER, CO4 3HX - £215,000

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.

24 PARSONS HEATH is a very small extended semi-detached house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £256,099. It was last sold for £215,000 in November 2018, which was around 24% below the average November 2018 semi-detached price in the Colchester local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

24 PARSONS HEATH Sold Prices

Land registry data shows six sales for 24 PARSONS HEATH since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the six 24 PARSONS HEATH 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
2018 9 NOV	£215,000	£281,259	24% below HPI
2006 27 OCT	£157,500	£190,150	17% below HPI
2001 14 SEP	£82,995	£103,864	20% below HPI
1999 4 MAR	£59,300	£70,305	16% below HPI
1997 7 NOV	£54,500	£61,867	12% below HPI
1997 30 JUN	£35,000	£59,977	42% below HPI

24 PARSONS HEATH Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The six 24 PARSONS HEATH sales between June 1997 and November 2018 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 October 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 24 PARSONS HEATH be worth now?

24 PARSONS HEATH might now be worth an estimated £256,099.

This is based on house price inflation of 19.1%, between November 2018 and March 2025, for semi-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 19.1% inflationary increase is applied to the most recent sale price for 24 PARSONS HEATH of £215,000 on 9th November 2018. For the value to have increased from £215,000 to £256,099 over the seven years and eight months to March 2025, the following assumptions must hold true:

• The value of 24 PARSONS HEATH has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The November 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PARSONS HEATH has not materially changed since November 2018.

How Large is 24 PARSONS HEATH?

24 PARSONS HEATH is 72m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 24 PARSONS HEATH lies on this distribution: 8% of semi-detached houses houses are smaller than 24 PARSONS HEATH, and 92% of houses are larger. Note that EPC data is not available for all properties in Colchester.

24 PARSONS HEATH: Plot and Title Map

24 PARSONS HEATH sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 24 PARSONS HEATH, 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 24 PARSONS HEATH). 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 24 PARSONS HEATH?

24 PARSONS HEATH is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 24 on PARSONS HEATH.