1, GRASSMERE, HIGHWOODS, COLCHESTER, CO4 9UG - £119,995

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.

1 GRASSMERE is a very small flat of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £151,921. It was last sold for £119,995 in July 2015, which was around 7% below the average July 2015 flat price in the Colchester local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was A.

1 GRASSMERE Sold Prices

Land registry data shows five sales for 1 GRASSMERE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Colchester local authority area for the corresponding sale date. All of the five 1 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
2015 31 JUL	£119,995	£128,484	7% below HPI
2008 13 JUN	£117,500	£119,196	1% below HPI
2005 23 MAR	£110,000	£112,864	3% below HPI
2004 15 MAR	£99,000	£102,468	3% below HPI
2002 7 OCT	£81,250	£83,636	3% below HPI

What might 1 GRASSMERE be worth now?

1 GRASSMERE might now be worth an estimated £151,921.

This is based on house price inflation of 26.6%, between July 2015 and May 2026, for flats, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.6% inflationary increase is applied to the most recent sale price for 1 GRASSMERE of £119,995 on 31st July 2015. For the value to have increased from £119,995 to £151,921 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of 1 GRASSMERE has moved in line with the HPI for flats in the Colchester local authority area.
• The July 2015 sale price of £119,995 represented a fair market value for the property.
• The size, condition, and specification of 1 GRASSMERE has not materially changed since July 2015.

How Large is 1 GRASSMERE?

1 GRASSMERE is 40m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of flats in Colchester, based on EPC data. 13% of flats are smaller than 1 GRASSMERE, and 85% of flats are larger. Note that EPC data is not available for all properties in Colchester.

1 GRASSMERE: Plot

1 GRASSMERE sits on a plot of roughly 0.022 of an acre, or 91m².

Where is 1 GRASSMERE?

1 GRASSMERE is located in HIGHWOODS, in the CO4 postcode district.