4, MELBOURNE CHASE, COLCHESTER, CO2 8UE - £215,000

4 MELBOURNE CHASE is a midsized extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £215,000 in October 2014, which was around 35% below the average October 2014 detached price in the Colchester local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

4 MELBOURNE CHASE Sold Prices

Land registry data shows three sales for 4 MELBOURNE CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 4 MELBOURNE CHASE 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
2014 24 OCT	£215,000	£333,306	35% below HPI
2011 20 MAY	£190,000	£283,054	33% below HPI
2010 19 FEB	£150,000	£277,152	46% below HPI

4 MELBOURNE CHASE 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 three 4 MELBOURNE CHASE sales between February 2010 and October 2014 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 May 2011 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 4 MELBOURNE CHASE?

4 MELBOURNE CHASE is 104m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the largest 50% of detached houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Berechurch, and where 4 MELBOURNE CHASE lies on this distribution: 54% of detached houses are smaller than 4 MELBOURNE CHASE, and 46% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

4 MELBOURNE CHASE: Plot and Title Map

4 MELBOURNE CHASE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 4 MELBOURNE CHASE, 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 4 MELBOURNE CHASE). 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 4 MELBOURNE CHASE?

4 MELBOURNE CHASE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 4 on MELBOURNE CHASE.