122, DERWENT ROAD, HIGHWOODS, COLCHESTER, CO4 9RU - £280,000

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

122 DERWENT ROAD is a very small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £280,000 in August 2018, which was around 36% below the average August 2018 detached price in the Colchester local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

122 DERWENT ROAD Sold Prices

Land registry data shows two sales for 122 DERWENT 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 122 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 31 AUG	£280,000	£436,122	36% below HPI
1995 23 JUN	£76,000	£89,745	15% below HPI

122 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 two 122 DERWENT ROAD sales from June 1995 and August 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 June 1995 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 122 DERWENT ROAD?

122 DERWENT ROAD is 85m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 122 DERWENT ROAD lies on this distribution: 20% of detached houses are smaller than 122 DERWENT ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Colchester.

122 DERWENT ROAD: Plot and Title Map

122 DERWENT ROAD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 122 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 122 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 122 DERWENT ROAD?

122 DERWENT ROAD is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 122 on DERWENT ROAD.