128, THE COMMONS, COLCHESTER, CO3 4NP - £295,000

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 THE COMMONS is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £295,000 in January 2020, which was around 31% below the average January 2020 detached price in the Colchester local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was B.

128 THE COMMONS Sold Prices

Land registry data shows two sales for 128 THE COMMONS 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 THE COMMONS 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
2020 29 JAN	£295,000	£428,216	31% below HPI
1998 16 NOV	£95,000	£112,369	15% below HPI

128 THE COMMONS 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 THE COMMONS sales from November 1998 and January 2020 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 November 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 128 THE COMMONS?

128 THE COMMONS is 89m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% 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 THE COMMONS lies on this distribution: 25% of detached houses are smaller than 128 THE COMMONS, and 74% of houses are larger. Note that EPC data is not available for all properties in Colchester.

128 THE COMMONS: Plot and Title Map

128 THE COMMONS sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 128 THE COMMONS, 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 THE COMMONS). 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 THE COMMONS?

128 THE COMMONS is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 128 on THE COMMONS.