5, GRASSMERE, HIGHWOODS, COLCHESTER, CO4 9UG - £129,000

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.

5 GRASSMERE is a very small terraced house of 41m², built sometime between 1983 and 1990, which could now be worth an estimated £152,138. It was last sold for £129,000 in August 2018, which was around 43% below the average August 2018 terraced price in the Colchester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was A.

5 GRASSMERE Sold Prices

Land registry data shows one sale for 5 GRASSMERE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Colchester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 10 AUG	£129,000	£225,537	43% below HPI

What might 5 GRASSMERE be worth now?

5 GRASSMERE might now be worth an estimated £152,138.

This is based on house price inflation of 17.9%, between August 2018 and April 2026, for terraced 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 17.9% inflationary increase is applied to the most recent sale price for 5 GRASSMERE of £129,000 on 10th August 2018. For the value to have increased from £129,000 to £152,138 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 5 GRASSMERE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The August 2018 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GRASSMERE has not materially changed since August 2018.

How Large is 5 GRASSMERE?

5 GRASSMERE is 41m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of terraced houses in Colchester, based on EPC data. The below chart shows the distribution of terraced houses by size in Colchester, and where 5 GRASSMERE lies on this distribution: 2% of terraced houses are smaller than 5 GRASSMERE, and 98% of terraced houses are larger. Note that EPC data is not available for all properties in Colchester.

5 GRASSMERE: Plot

5 GRASSMERE sits on a plot of roughly 0.021 of an acre, or 86m².

Where is 5 GRASSMERE?

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