7, REG HILHAM WALK, STANWAY, COLCHESTER, CO3 8AZ - £330,000

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 REG HILHAM WALK is a large detached house of 128m², built in 2017, which could now be worth an estimated £377,778. It was last sold for £330,000 in December 2018, which was around 25% below the average December 2018 detached price in the Colchester local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

7 REG HILHAM WALK Sold Prices

Land registry data shows three sales for 7 REG HILHAM WALK 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 7 REG HILHAM WALK 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
2018 13 DEC	£330,000	£440,195	25% below HPI
2018 28 NOV	£331,000	£438,208	24% below HPI
2017 27 FEB	£309,995	£416,274	26% below HPI

7 REG HILHAM WALK 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 7 REG HILHAM WALK sales between February 2017 and December 2018 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 November 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 7 REG HILHAM WALK be worth now?

7 REG HILHAM WALK might now be worth an estimated £377,778.

This is based on house price inflation of 14.5%, between December 2018 and April 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 14.5% inflationary increase is applied to the most recent sale price for 7 REG HILHAM WALK of £330,000 on 13th December 2018. For the value to have increased from £330,000 to £377,778 over the eight years and eight months to April 2026, the following assumptions must hold true:

• The value of 7 REG HILHAM WALK has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2018 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 7 REG HILHAM WALK has not materially changed since December 2018.

How Large is 7 REG HILHAM WALK?

7 REG HILHAM WALK is 128m² according to the EPC inspection conducted in January 2017. This puts it in the largest 40% 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 7 REG HILHAM WALK lies on this distribution: 66% of detached houses houses are smaller than 7 REG HILHAM WALK, and 33% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 REG HILHAM WALK: Plot and Title Map

7 REG HILHAM WALK sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 7 REG HILHAM WALK, 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 REG HILHAM WALK). 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 REG HILHAM WALK?

7 REG HILHAM WALK is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 7 on REG HILHAM WALK.