118, DERWENT ROAD, HIGHWOODS, COLCHESTER, CO4 9RU - £278,000

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

118 DERWENT ROAD is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £278,000 in April 2018, which was around 36% below the average April 2018 detached price in the Colchester local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

118 DERWENT ROAD Sold Prices

Land registry data shows four sales for 118 DERWENT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 118 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
2018 27 APR	£278,000	£434,151	36% below HPI
2009 9 JUL	£167,500	£252,592	34% below HPI
2004 12 MAR	£165,000	£251,696	34% below HPI
1995 31 MAR	£59,999	£92,158	35% below HPI

118 DERWENT 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 four 118 DERWENT ROAD sales between March 1995 and April 2018 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 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 118 DERWENT ROAD?

118 DERWENT ROAD is 73m² according to the EPC inspection conducted in October 2011. 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 118 DERWENT ROAD lies on this distribution: 8% of detached houses are smaller than 118 DERWENT ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Colchester.

118 DERWENT ROAD: Plot and Title Map

118 DERWENT ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 118 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 118 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.

Where is 118 DERWENT ROAD?

118 DERWENT ROAD is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 118 on DERWENT ROAD.