118, STRAIGHT ROAD, COLCHESTER, CO3 9DJ - £237,000

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.

118 STRAIGHT ROAD is a small detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £481,075. It was last sold for £237,000 in November 2008, which was around 4% below the average November 2008 detached price in the Colchester local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

118 STRAIGHT ROAD Sold Prices

Land registry data shows two sales for 118 STRAIGHT 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 118 STRAIGHT 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
2008 14 NOV	£237,000	£247,428	4% below HPI
2005 7 DEC	£190,000	£271,828	30% below HPI

118 STRAIGHT 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 118 STRAIGHT ROAD sales from December 2005 and November 2008 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 December 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2008 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 118 STRAIGHT ROAD be worth now?

118 STRAIGHT ROAD might now be worth an estimated £481,075.

This is based on house price inflation of 103%, between November 2008 and February 2025, for 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 103% inflationary increase is applied to the most recent sale price for 118 STRAIGHT ROAD of £237,000 on 14th November 2008. For the value to have increased from £237,000 to £481,075 over the seventeen years and nine months to February 2025, the following assumptions must hold true:

• The value of 118 STRAIGHT ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2008 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 118 STRAIGHT ROAD has not materially changed since November 2008.

How Large is 118 STRAIGHT ROAD?

118 STRAIGHT ROAD is 93m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 118 STRAIGHT ROAD lies on this distribution: 31% of detached houses houses are smaller than 118 STRAIGHT ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Colchester.

118 STRAIGHT ROAD: Plot and Title Map

118 STRAIGHT ROAD sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of 118 STRAIGHT 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 STRAIGHT 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 STRAIGHT ROAD?

118 STRAIGHT ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 118 on STRAIGHT ROAD.