TIMBERS, CHAPEL LANE, WEST BERGHOLT, COLCHESTER, CO6 3EG - £275,000

TIMBERS is a very small extended detached house of 83m², built sometime before 1900. It was last sold for £275,000 in July 2013, which was around 5% below the average July 2013 detached price in the Colchester local authority area. The most recent EPC inspection was March 2012, where the current energy rating was F, and the potential energy rating was E.

TIMBERS Sold Prices

Land registry data shows three sales for TIMBERS 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. One of the three TIMBERS sales was for below the average price, whilst two 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
2013 26 JUL	£275,000	£289,834	5% below HPI
1997 24 JAN	£102,000	£91,736	11% above HPI
1995 4 DEC	£89,950	£87,387	3% above HPI

TIMBERS 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 TIMBERS sales between December 1995 and July 2013 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 January 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2013 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is TIMBERS?

TIMBERS is 83m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in West Bergholt, based on EPC data. The below chart shows the distribution of detached houses by size in West Bergholt, and where TIMBERS lies on this distribution: 16% of detached houses are smaller than TIMBERS, and 84% of houses are larger. Note that EPC data is not available for all properties in West Bergholt.

TIMBERS: Plot and Title Map

TIMBERS sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of TIMBERS, 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 TIMBERS). 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 TIMBERS?

TIMBERS is located on CHAPEL LANE in WEST BERGHOLT, in the CO6 postcode district. The below map shows the position of TIMBERS on CHAPEL LANE.