RED ROBINS, 13, COHORT DRIVE, COLCHESTER, CO2 9RP - £425,000

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.

RED ROBINS is a midsized detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £471,317. It was last sold for £425,000 in October 2020, which was around 6% below the average October 2020 detached price in the Colchester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

RED ROBINS Sold Prices

Land registry data shows four sales for RED ROBINS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Two of the four RED ROBINS sales were for below the average price, whilst one was 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
2020 26 OCT	£425,000	£451,030	6% below HPI
2002 12 DEC	£217,000	£225,420	4% below HPI
2001 9 NOV	£177,000	£176,693	Close to HPI
1997 28 NOV	£110,000	£100,232	10% above HPI

RED ROBINS 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 four RED ROBINS sales between November 1997 and October 2020 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 December 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might RED ROBINS be worth now?

RED ROBINS might now be worth an estimated £471,317.

This is based on house price inflation of 10.9%, between October 2020 and October 2025, 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 10.9% inflationary increase is applied to the most recent sale price for RED ROBINS of £425,000 on 26th October 2020. For the value to have increased from £425,000 to £471,317 over the five years to October 2025, the following assumptions must hold true:

• The value of RED ROBINS has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of RED ROBINS has not materially changed since October 2020.

How Large is RED ROBINS?

RED ROBINS is 111m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 50% 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 RED ROBINS lies on this distribution: 49% of detached houses houses are smaller than RED ROBINS, and 50% of houses are larger. Note that EPC data is not available for all properties in Colchester.

RED ROBINS: Plot and Title Map

RED ROBINS sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of RED ROBINS, 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 RED ROBINS). 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 RED ROBINS?

RED ROBINS is located on COHORT DRIVE in COLCHESTER, in the CO2 postcode district. The below map shows the position of RED ROBINS on COHORT DRIVE.