3, CHERRY ROW, COLCHESTER, CO3 4DL - £350,000

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.

3 CHERRY ROW is a very small extended detached house of 74m², built sometime before 1900, which could now be worth an estimated £391,048. It was last sold for £350,000 in October 2020, which was around 22% below the average October 2020 detached price in the Colchester local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

3 CHERRY ROW Sold Prices

Land registry data shows two sales for 3 CHERRY ROW 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 3 CHERRY ROW 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
2020 27 OCT	£350,000	£451,030	22% below HPI
2016 1 MAR	£250,000	£374,824	33% below HPI

3 CHERRY ROW 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 3 CHERRY ROW sales from March 2016 and October 2020 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 March 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 CHERRY ROW be worth now?

3 CHERRY ROW might now be worth an estimated £391,048.

This is based on house price inflation of 11.7%, between October 2020 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 11.7% inflationary increase is applied to the most recent sale price for 3 CHERRY ROW of £350,000 on 27th October 2020. For the value to have increased from £350,000 to £391,048 over the six years and six months to April 2026, the following assumptions must hold true:

• The value of 3 CHERRY ROW has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHERRY ROW has not materially changed since October 2020.

How Large is 3 CHERRY ROW?

3 CHERRY ROW is 74m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% 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 3 CHERRY ROW lies on this distribution: 9% of detached houses houses are smaller than 3 CHERRY ROW, and 91% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 CHERRY ROW: Plot and Title Map

3 CHERRY ROW sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 3 CHERRY ROW, 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 3 CHERRY ROW). 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 3 CHERRY ROW?

3 CHERRY ROW is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 3 on CHERRY ROW.