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
112 DERWENT ROAD is a very small detached house of 58m², built sometime between 1996 and 2002. It was last sold for £202,000 in October 2019, which was around 53% below the average October 2019 detached price in the Colchester local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 112 DERWENT ROAD since 1st 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. All of the three 112 DERWENT 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 |
---|---|---|---|
2019 30 OCT | £202,000 | £431,930 | 53% below HPI |
2004 27 AUG | £139,995 | £261,089 | 46% below HPI |
1995 12 SEP | £54,250 | £90,489 | 40% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 112 DERWENT ROAD sales between September 1995 and October 2019 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 August 2004 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2019 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.
112 DERWENT ROAD is 58m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 112 DERWENT ROAD lies on this distribution: 2% of detached houses are smaller than 112 DERWENT ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Colchester.
112 DERWENT ROAD sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 112 DERWENT 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 112 DERWENT 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.
112 DERWENT ROAD is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 112 on DERWENT ROAD.