373, CHINOOK, HIGHWOODS, COLCHESTER, CO4 9XT - £127,000

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.

373 CHINOOK is a very small terraced house of 58m², built sometime between 1976 and 1982, which could now be worth an estimated £249,722. It was last sold for £127,000 in July 2009, which was around 6% below the average July 2009 terraced price in the Colchester local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

373 CHINOOK Sold Prices

Land registry data shows three sales for 373 CHINOOK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. All of the three 373 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
2009 17 JUL	£127,000	£135,062	6% below HPI
2007 15 FEB	£142,500	£158,796	10% below HPI
2000 12 MAY	£61,500	£67,041	8% below HPI

373 CHINOOK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Colchester local authority area over time, sourced from the HPI. The three 373 CHINOOK sales between May 2000 and July 2009 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 February 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2009 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 373 CHINOOK be worth now?

373 CHINOOK might now be worth an estimated £249,722.

This is based on house price inflation of 96.6%, between July 2009 and May 2026, for terraced 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 96.6% inflationary increase is applied to the most recent sale price for 373 CHINOOK of £127,000 on 17th July 2009. For the value to have increased from £127,000 to £249,722 over the seventeen years and two months to May 2026, the following assumptions must hold true:

• The value of 373 CHINOOK has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The July 2009 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 373 CHINOOK has not materially changed since July 2009.

How Large is 373 CHINOOK?

373 CHINOOK is 58m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of terraced houses houses in Colchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colchester, and where 373 CHINOOK lies on this distribution: 2% of terraced houses houses are smaller than 373 CHINOOK, and 98% of houses are larger. Note that EPC data is not available for all properties in Colchester.

373 CHINOOK: Plot and Title Map

373 CHINOOK sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 373 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 373 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 373 CHINOOK?

373 CHINOOK is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 373 on CHINOOK.