34, FERNLEA, COLCHESTER, CO4 5UB - £325,000

34 FERNLEA is a large detached house of 136m², built sometime between 1983 and 1990. It was last sold for £325,000 in October 2011, which was around 14% above the average October 2011 detached price in the Colchester local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

34 FERNLEA Sold Prices

Land registry data shows four sales for 34 FERNLEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 34 FERNLEA 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
2011 14 OCT	£325,000	£283,864	14% above HPI
2009 31 MAR	£294,000	£237,571	24% above HPI
2001 1 JUN	£192,000	£159,369	20% above HPI
1997 11 APR	£100,000	£93,153	7% above HPI

34 FERNLEA 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 four 34 FERNLEA sales between April 1997 and October 2011 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 2009 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2011 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 34 FERNLEA?

34 FERNLEA is 136m² according to the EPC inspection conducted in August 2011. This puts it in the largest 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 34 FERNLEA lies on this distribution: 72% of detached houses are smaller than 34 FERNLEA, and 27% of houses are larger. Note that EPC data is not available for all properties in Colchester.

34 FERNLEA: Plot and Title Map

34 FERNLEA sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 34 FERNLEA, 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 34 FERNLEA). 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 34 FERNLEA?

34 FERNLEA is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 34 on FERNLEA.