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 PIRIE ROAD is a small extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £375,000 in June 2023, which was around 26% below the average June 2023 detached price in the Colchester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 1 PIRIE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 1 PIRIE ROAD 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 |
---|---|---|---|
2023 22 JUN | £375,000 | £503,924 | 26% below HPI |
2019 26 APR | £345,000 | £433,153 | 20% below HPI |
2014 15 DEC | £274,000 | £338,067 | 19% below HPI |
2004 10 MAY | £163,500 | £255,311 | 36% below HPI |
2001 14 DEC | £121,000 | £176,343 | 31% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The five 1 PIRIE ROAD sales between December 2001 and June 2023 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 2019 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
1 PIRIE ROAD is 106m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% 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 1 PIRIE ROAD lies on this distribution: 37% of detached houses are smaller than 1 PIRIE ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in West Bergholt.
1 PIRIE ROAD sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 1 PIRIE 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 PIRIE 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.
1 PIRIE ROAD is located in WEST BERGHOLT, in the CO6 postcode district. The below map shows the position of No. 1 on PIRIE ROAD.