117, IPSWICH ROAD, COLCHESTER, CO4 0EJ - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

117 IPSWICH ROAD is a very small semi-detached house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £294,188. It was last sold for £275,000 in November 2021, which was around 11% below the average November 2021 semi-detached price in the Colchester local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

117 IPSWICH ROAD Sold Prices

Land registry data shows four sales for 117 IPSWICH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Most of the four 117 IPSWICH 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
2021 15 NOV	£275,000	£309,632	11% below HPI
2014 28 NOV	£196,500	£215,883	9% below HPI
2001 2 NOV	£98,500	£106,462	7% below HPI
1999 1 NOV	£80,000	£78,027	3% above HPI

117 IPSWICH ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The four 117 IPSWICH ROAD sales between November 1999 and November 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 November 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 117 IPSWICH ROAD be worth now?

117 IPSWICH ROAD might now be worth an estimated £294,188.

This is based on house price inflation of 7%, between November 2021 and February 2025, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 117 IPSWICH ROAD of £275,000 on 15th November 2021. For the value to have increased from £275,000 to £294,188 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 117 IPSWICH ROAD has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The November 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 117 IPSWICH ROAD has not materially changed since November 2021.

How Large is 117 IPSWICH ROAD?

117 IPSWICH ROAD is 84m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 117 IPSWICH ROAD lies on this distribution: 18% of semi-detached houses houses are smaller than 117 IPSWICH ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Colchester.

117 IPSWICH ROAD: Plot and Title Map

117 IPSWICH ROAD sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 117 IPSWICH 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 117 IPSWICH 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 117 IPSWICH ROAD?

117 IPSWICH ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 117 on IPSWICH ROAD.