138, LAYER ROAD, COLCHESTER, CO2 7JX - £265,000

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

138 LAYER ROAD is a very small extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £265,000 in March 2021, which was around 40% below the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

138 LAYER ROAD Sold Prices

Land registry data shows six sales for 138 LAYER ROAD since 1^st 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 138 LAYER 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
2021 31 MAR	£265,000	£438,624	40% below HPI
2018 17 SEP	£260,000	£440,578	41% below HPI
2003 19 NOV	£159,000	£238,979	33% below HPI
2000 24 MAR	£86,995	£135,902	36% below HPI
1998 28 AUG	£69,000	£111,246	38% below HPI
1997 29 AUG	£60,000	£99,515	40% below HPI

138 LAYER 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 six 138 LAYER ROAD sales between August 1997 and March 2021 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 September 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 138 LAYER ROAD?

138 LAYER ROAD is 81m², which includes one extension, according to the EPC inspection conducted in February 2018. 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 138 LAYER ROAD lies on this distribution: 15% of detached houses are smaller than 138 LAYER ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Colchester.

138 LAYER ROAD: Plot and Title Map

138 LAYER ROAD sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 138 LAYER 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 138 LAYER 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 138 LAYER ROAD?

138 LAYER ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 138 on LAYER ROAD.