126A, MAGDALEN STREET, COLCHESTER, CO1 2LF - £116,000

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

126A MAGDALEN STREET is a very small extended detached house of 73m², built sometime between 1900 and 1929. It was last sold for £116,000 in January 2014, which was around 62% below the average January 2014 detached price in the Colchester local authority area. The most recent EPC inspection was March 2024, where the current energy rating was F, and the potential energy rating was B.

126A MAGDALEN STREET Sold Prices

Land registry data shows two sales for 126A MAGDALEN STREET 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 126A MAGDALEN STREET 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
2014 14 JAN	£116,000	£304,941	62% below HPI
1997 30 OCT	£56,860	£99,892	43% below HPI

126A MAGDALEN STREET 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 126A MAGDALEN STREET sales from October 1997 and January 2014 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 October 1997 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2014 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 126A MAGDALEN STREET?

126A MAGDALEN STREET is 73m², which includes one extension, according to the EPC inspection conducted in March 2024. 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 126A MAGDALEN STREET lies on this distribution: 8% of detached houses are smaller than 126A MAGDALEN STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Colchester.

126A MAGDALEN STREET: Plot and Title Map

126A MAGDALEN STREET sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 126A MAGDALEN STREET, 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 126A MAGDALEN STREET). 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 126A MAGDALEN STREET?

126A MAGDALEN STREET is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 126A on MAGDALEN STREET.