7, GRASSMERE, HIGHWOODS, COLCHESTER, CO4 9UG - £192,000

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.

7 GRASSMERE is a very small terraced house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £242,655. It was last sold for £192,000 in November 2016, which was around 9% below the average November 2016 terraced price in the Colchester local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.

7 GRASSMERE Sold Prices

Land registry data shows three sales for 7 GRASSMERE 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 7 GRASSMERE 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
2016 22 NOV	£192,000	£210,464	9% below HPI
2007 10 SEP	£140,500	£165,169	15% below HPI
1999 28 MAY	£51,500	£54,526	6% below HPI

7 GRASSMERE 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 7 GRASSMERE sales between May 1999 and November 2016 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 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 7 GRASSMERE be worth now?

7 GRASSMERE might now be worth an estimated £242,655.

This is based on house price inflation of 26.4%, between November 2016 and April 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 26.4% inflationary increase is applied to the most recent sale price for 7 GRASSMERE of £192,000 on 22nd November 2016. For the value to have increased from £192,000 to £242,655 over the ten years and seven months to April 2026, the following assumptions must hold true:

• The value of 7 GRASSMERE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The November 2016 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GRASSMERE has not materially changed since November 2016.

How Large is 7 GRASSMERE?

7 GRASSMERE is 59m² according to the EPC inspection conducted in September 2016. 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 7 GRASSMERE lies on this distribution: 2% of terraced houses houses are smaller than 7 GRASSMERE, and 98% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 GRASSMERE: Plot and Title Map

7 GRASSMERE sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 7 GRASSMERE, 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 7 GRASSMERE). 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 7 GRASSMERE?

7 GRASSMERE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 7 on GRASSMERE.