1, LONDON ROAD, MARKS TEY, COLCHESTER, CO6 1DZ - £770,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 LONDON ROAD is a very large extended detached house of 224m², built sometime before 1900. It was last sold for £770,000 in March 2021, which was around 76% above the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

1 LONDON ROAD Sold Prices

Land registry data shows two sales for 1 LONDON ROAD 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 1 LONDON ROAD 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
2021 12 MAR	£770,000	£438,624	76% above HPI
2003 8 JUL	£400,000	£236,514	69% above HPI

1 LONDON ROAD 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 1 LONDON ROAD sales from July 2003 and March 2021 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 July 2003 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the March 2021 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is 1 LONDON ROAD?

1 LONDON ROAD is 224m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses in Copford, based on EPC data. The below chart shows the distribution of detached houses by size in Copford, and where 1 LONDON ROAD lies on this distribution: 89% of detached houses are smaller than 1 LONDON ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Copford.

1 LONDON ROAD: Plot and Title Map

1 LONDON ROAD sits on a plot of roughly 1.7 acres, or 6,804m². The below map shows the location of 1 LONDON ROAD, 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 1 LONDON ROAD). 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 1 LONDON ROAD?

1 LONDON ROAD is located in MARKS TEY, in the CO6 postcode district. The below map shows the position of No. 1 on LONDON ROAD.