Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
12 SHAKESPEARE ROAD is a very small detached house of 73m², built sometime between 1900 and 1929. It was last sold for £300,000 in January 2023, which was around 43% below the average January 2023 detached price in the Colchester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 12 SHAKESPEARE ROAD since 1st 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 12 SHAKESPEARE 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 20 JAN | £300,000 | £525,879 | 43% below HPI |
1996 12 SEP | £58,500 | £91,881 | 36% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 12 SHAKESPEARE ROAD sales from September 1996 and January 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 September 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2023 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
12 SHAKESPEARE ROAD is 73m² according to the EPC inspection conducted in July 2014. 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 12 SHAKESPEARE ROAD lies on this distribution: 8% of detached houses are smaller than 12 SHAKESPEARE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Colchester.
12 SHAKESPEARE ROAD sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 12 SHAKESPEARE 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 12 SHAKESPEARE 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.
12 SHAKESPEARE ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 12 on SHAKESPEARE ROAD.