9, REDMILL, COLCHESTER, CO3 4RT - £275,000

9 REDMILL is a very large detached house of 169m², built sometime between 1976 and 1982. It was last sold for £275,000 in February 2003, which was around 21% above the average February 2003 detached price in the Colchester local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

9 REDMILL Sold Prices

Land registry data shows two sales for 9 REDMILL 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. One of the two 9 REDMILL sales was for above the average price, whilst the other was roughly equal to 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
2003 13 FEB	£275,000	£226,727	21% above HPI
2001 11 OCT	£174,000	£174,367	Close to HPI

9 REDMILL 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 9 REDMILL sales from October 2001 and February 2003 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 October 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2003 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 9 REDMILL?

9 REDMILL is 169m² according to the EPC inspection conducted in October 2019. This puts it in the largest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 9 REDMILL lies on this distribution: 89% of detached houses are smaller than 9 REDMILL, and 11% of houses are larger. Note that EPC data is not available for all properties in Colchester.

9 REDMILL: Plot and Title Map

9 REDMILL sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 9 REDMILL, 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 9 REDMILL). 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 9 REDMILL?

9 REDMILL is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 9 on REDMILL.