128, MAGDALEN STREET, COLCHESTER, CO1 2LF - £225,000

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

128 MAGDALEN STREET is a very small detached house of 62m², built sometime between 2003 and 2006. It was last sold for £225,000 in September 2016, which was around 45% below the average September 2016 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.

128 MAGDALEN STREET Sold Prices

Land registry data shows two sales for 128 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 128 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
2016 23 SEP	£225,000	£405,861	45% below HPI
2004 30 JUL	£152,000	£259,039	41% below HPI

128 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 128 MAGDALEN STREET sales from July 2004 and September 2016 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 2004 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2016 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 128 MAGDALEN STREET?

128 MAGDALEN STREET is 62m² according to the EPC inspection conducted in July 2016. 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 128 MAGDALEN STREET lies on this distribution: 3% of detached houses are smaller than 128 MAGDALEN STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Colchester.

128 MAGDALEN STREET: Plot and Title Map

128 MAGDALEN STREET sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 128 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 128 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 128 MAGDALEN STREET?

128 MAGDALEN STREET is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 128 on MAGDALEN STREET.