144, LAYER ROAD, COLCHESTER, CO2 7JX - £390,000

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

144 LAYER ROAD is a midsized extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £390,000 in December 2023, which was around 22% below the average December 2023 detached price in the Colchester local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

144 LAYER ROAD Sold Prices

Land registry data shows three sales for 144 LAYER 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 144 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
2023 14 DEC	£390,000	£500,095	22% below HPI
2021 18 JAN	£365,000	£447,931	19% below HPI
2018 28 FEB	£284,000	£435,030	35% below HPI

144 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 three 144 LAYER ROAD sales between February 2018 and December 2023 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 2021 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 144 LAYER ROAD?

144 LAYER ROAD is 118m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 144 LAYER ROAD lies on this distribution: 57% of detached houses are smaller than 144 LAYER ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Colchester.

144 LAYER ROAD: Plot and Title Map

144 LAYER ROAD sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 144 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 144 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 144 LAYER ROAD?

144 LAYER ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 144 on LAYER ROAD.