14, WELLS ROAD, COLCHESTER, CO1 2YN - £335,000

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

14 WELLS ROAD is a small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £335,000 in September 2020, which was around 23% below the average September 2020 detached price in the Colchester local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

14 WELLS ROAD Sold Prices

Land registry data shows three sales for 14 WELLS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 14 WELLS 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
2020 18 SEP	£335,000	£434,672	23% below HPI
2013 4 JAN	£212,000	£289,818	27% below HPI
2000 30 JUN	£114,000	£143,838	21% below HPI

14 WELLS 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 three 14 WELLS ROAD sales between June 2000 and September 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 January 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 14 WELLS ROAD?

14 WELLS ROAD is 88m² according to the EPC inspection conducted in August 2012. 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 14 WELLS ROAD lies on this distribution: 24% of detached houses are smaller than 14 WELLS ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Colchester.

14 WELLS ROAD: Plot and Title Map

14 WELLS ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 14 WELLS 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 14 WELLS 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 14 WELLS ROAD?

14 WELLS ROAD is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 14 on WELLS ROAD.