THE LILACS, WESTWOOD HILL, BRAISWICK, COLCHESTER, CO4 5BN - £525,000

THE LILACS is a very large extended detached house of 312m², built sometime between 1996 and 2002. It was last sold for £525,000 in March 2015, which was around 55% above the average March 2015 detached price in the Colchester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

THE LILACS Sold Prices

Land registry data shows two sales for THE LILACS 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. Both of the two THE LILACS sales were 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
2015 20 MAR	£525,000	£337,985	55% above HPI
2001 27 APR	£330,000	£155,193	113% above HPI

THE LILACS 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 THE LILACS sales from April 2001 and March 2015 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 April 2001 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the March 2015 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is THE LILACS?

THE LILACS is 312m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where THE LILACS lies on this distribution: 99% of detached houses are smaller than THE LILACS, and 1% of houses are larger. Note that EPC data is not available for all properties in Colchester.

THE LILACS: Plot and Title Map

THE LILACS sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of THE LILACS, 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 THE LILACS). 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 THE LILACS?

THE LILACS is located on WESTWOOD HILL in BRAISWICK, in the CO4 postcode district. The below map shows the position of THE LILACS on WESTWOOD HILL.