38, HOWARDS CROFT, COLCHESTER, CO4 5FP - £567,500

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.

38 HOWARDS CROFT is a very large extended detached house of 186m², built sometime between 1996 and 2002, which could now be worth an estimated £683,216. It was last sold for £567,500 in May 2017, which was around 36% above the average May 2017 detached price in the Colchester local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

38 HOWARDS CROFT Sold Prices

Land registry data shows four sales for 38 HOWARDS CROFT 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 38 HOWARDS CROFT 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
2017 18 MAY	£567,500	£417,672	36% above HPI
2014 13 JAN	£420,000	£305,779	37% above HPI
2001 22 JUN	£300,000	£159,807	88% above HPI
1998 24 APR	£235,000	£107,564	118% above HPI

38 HOWARDS CROFT 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 38 HOWARDS CROFT sales between April 1998 and May 2017 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 January 2014 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2017 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 38 HOWARDS CROFT be worth now?

38 HOWARDS CROFT might now be worth an estimated £683,216.

This is based on house price inflation of 20.4%, between May 2017 and May 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 20.4% inflationary increase is applied to the most recent sale price for 38 HOWARDS CROFT of £567,500 on 18th May 2017. For the value to have increased from £567,500 to £683,216 over the nine years to May 2026, the following assumptions must hold true:

• The value of 38 HOWARDS CROFT has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2017 sale price of £567,500 represented a fair market value for the property.
• The size, condition, and specification of 38 HOWARDS CROFT has not materially changed since May 2017.

How Large is 38 HOWARDS CROFT?

38 HOWARDS CROFT is 186m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 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 38 HOWARDS CROFT lies on this distribution: 92% of detached houses houses are smaller than 38 HOWARDS CROFT, and 7% of houses are larger. Note that EPC data is not available for all properties in Colchester.

38 HOWARDS CROFT: Plot and Title Map

38 HOWARDS CROFT sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of 38 HOWARDS CROFT, 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 38 HOWARDS CROFT). 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 38 HOWARDS CROFT?

38 HOWARDS CROFT is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 38 on HOWARDS CROFT.