5, MARITIME APPROACH, ROWHEDGE, COLCHESTER, CO5 7BA - £297,500

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.

5 MARITIME APPROACH is a very small semi-detached house of 79m², which could now be worth an estimated £345,566. It was last sold for £297,500 in January 2021, which was around 3% above the average January 2021 semi-detached price in the Colchester local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

5 MARITIME APPROACH Sold Prices

Land registry data shows three sales for 5 MARITIME APPROACH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the three 5 MARITIME APPROACH 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
2021 18 JAN	£297,500	£288,424	3% above HPI
2019 18 APR	£291,000	£278,843	4% above HPI
2016 28 NOV	£269,995	£262,648	3% above HPI

5 MARITIME APPROACH Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The three 5 MARITIME APPROACH sales between November 2016 and January 2021 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 April 2019 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 5 MARITIME APPROACH be worth now?

5 MARITIME APPROACH might now be worth an estimated £345,566.

This is based on house price inflation of 16.2%, between January 2021 and March 2025, for semi-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 16.2% inflationary increase is applied to the most recent sale price for 5 MARITIME APPROACH of £297,500 on 18th January 2021. For the value to have increased from £297,500 to £345,566 over the three years and ten months to March 2025, the following assumptions must hold true:

• The value of 5 MARITIME APPROACH has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The January 2021 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MARITIME APPROACH has not materially changed since January 2021.

How Large is 5 MARITIME APPROACH?

5 MARITIME APPROACH is 79m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of semi-detached houses houses in Rowhedge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rowhedge, and where 5 MARITIME APPROACH lies on this distribution: 17% of semi-detached houses houses are smaller than 5 MARITIME APPROACH, and 83% of houses are larger. Note that EPC data is not available for all properties in Rowhedge.

5 MARITIME APPROACH: Plot and Title Map

5 MARITIME APPROACH sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 5 MARITIME APPROACH, 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 MARITIME APPROACH). 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 MARITIME APPROACH?

5 MARITIME APPROACH is located in ROWHEDGE, in the CO5 postcode district. The below map shows the position of No. 5 on MARITIME APPROACH.