HIGH VIEW, BEECH HILL, COLCHESTER, CO3 4DU - £550,000

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.

HIGH VIEW is a very large extended detached house of 205m², built sometime between 1967 and 1975, which could now be worth an estimated £626,828. It was last sold for £550,000 in October 2018, which was around 25% above the average October 2018 detached price in the Colchester local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

HIGH VIEW Sold Prices

Land registry data shows three sales for HIGH VIEW 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. The three HIGH VIEW sales were a mix of above the average price, and 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
2018 5 OCT	£550,000	£441,206	25% above HPI
2013 15 MAR	£465,000	£290,239	60% above HPI
2007 23 JUL	£305,000	£304,668	Close to HPI

HIGH VIEW 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 HIGH VIEW sales between July 2007 and October 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 March 2013 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the October 2018 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might HIGH VIEW be worth now?

HIGH VIEW might now be worth an estimated £626,828.

This is based on house price inflation of 14%, between October 2018 and May 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% inflationary increase is applied to the most recent sale price for HIGH VIEW of £550,000 on 5th October 2018. For the value to have increased from £550,000 to £626,828 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of HIGH VIEW has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2018 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of HIGH VIEW has not materially changed since October 2018.

How Large is HIGH VIEW?

HIGH VIEW is 205m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the largest 10% 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 HIGH VIEW lies on this distribution: 95% of detached houses houses are smaller than HIGH VIEW, and 5% of houses are larger. Note that EPC data is not available for all properties in Colchester.

HIGH VIEW: Plot and Title Map

HIGH VIEW sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of HIGH VIEW, 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 HIGH VIEW). 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 HIGH VIEW?

HIGH VIEW is located on BEECH HILL in COLCHESTER, in the CO3 postcode district. The below map shows the position of HIGH VIEW on BEECH HILL.