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
126 DERWENT ROAD is a midsized extended detached house of 107m², built sometime between 1991 and 1995. It was last sold for £293,000 in February 2017, which was around 29% below the average February 2017 detached price in the Colchester local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 126 DERWENT ROAD since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the six 126 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 |
---|---|---|---|
2017 10 FEB | £293,000 | £415,133 | 29% below HPI |
2007 2 JUL | £229,995 | £303,833 | 24% below HPI |
2003 8 APR | £155,000 | £228,017 | 32% below HPI |
2000 7 MAR | £89,000 | £135,902 | 35% below HPI |
1998 30 JAN | £75,000 | £102,807 | 27% below HPI |
1995 27 OCT | £74,750 | £89,152 | 16% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The six 126 DERWENT ROAD sales between October 1995 and February 2017 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 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
126 DERWENT ROAD is 107m², which includes three extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 126 DERWENT ROAD lies on this distribution: 45% of detached houses are smaller than 126 DERWENT ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Colchester.
126 DERWENT ROAD sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 126 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 126 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.
126 DERWENT ROAD is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 126 on DERWENT ROAD.