5, FERNLEA, COLCHESTER, CO4 5UA - £214,000

5 FERNLEA is a small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £214,000 in October 2010, which was around 26% below the average October 2010 detached price in the Colchester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

5 FERNLEA Sold Prices

Land registry data shows two sales for 5 FERNLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 5 FERNLEA 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 25 OCT	£214,000	£289,614	26% below HPI
2005 26 SEP	£186,500	£267,937	30% below HPI

5 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 two 5 FERNLEA sales from September 2005 and October 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 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2010 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 FERNLEA?

5 FERNLEA is 92m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 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 5 FERNLEA lies on this distribution: 29% of detached houses are smaller than 5 FERNLEA, and 69% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 FERNLEA: Plot and Title Map

5 FERNLEA sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 5 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 5 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 5 FERNLEA?

5 FERNLEA is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 5 on FERNLEA.