308, CHINOOK, HIGHWOODS, COLCHESTER, CO4 9UX - £175,000

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.

308 CHINOOK is a very small semi-detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £315,349. It was last sold for £175,000 in May 2010, which was around 5% below the average May 2010 semi-detached price in the Colchester local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

308 CHINOOK Sold Prices

Land registry data shows five sales for 308 CHINOOK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Most of the five 308 CHINOOK 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
2010 28 MAY	£175,000	£184,184	5% below HPI
2007 19 SEP	£188,000	£202,561	7% below HPI
2006 5 JUN	£168,000	£185,888	10% below HPI
2004 22 DEC	£140,000	£173,309	19% below HPI
1998 29 DEC	£75,500	£68,827	10% above HPI

308 CHINOOK 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 five 308 CHINOOK sales between December 1998 and May 2010 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 September 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2010 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 308 CHINOOK be worth now?

308 CHINOOK might now be worth an estimated £315,349.

This is based on house price inflation of 80.2%, between May 2010 and October 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 80.2% inflationary increase is applied to the most recent sale price for 308 CHINOOK of £175,000 on 28th May 2010. For the value to have increased from £175,000 to £315,349 over the fourteen years and seven months to October 2025, the following assumptions must hold true:

• The value of 308 CHINOOK has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The May 2010 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 308 CHINOOK has not materially changed since May 2010.

How Large is 308 CHINOOK?

308 CHINOOK is 83m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% 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 308 CHINOOK lies on this distribution: 17% of semi-detached houses houses are smaller than 308 CHINOOK, and 83% of houses are larger. Note that EPC data is not available for all properties in Colchester.

308 CHINOOK: Plot and Title Map

308 CHINOOK sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 308 CHINOOK, 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 308 CHINOOK). 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 308 CHINOOK?

308 CHINOOK is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 308 on CHINOOK.