145, MILL ROAD, MILE END, COLCHESTER, CO4 5LL - £145,000

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

145 MILL ROAD is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £145,000 in May 2009, which was around 37% below the average May 2009 detached price in the Colchester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was C.

145 MILL ROAD Sold Prices

Land registry data shows two sales for 145 MILL ROAD 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 145 MILL 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
2009 29 MAY	£145,000	£230,428	37% below HPI
2001 27 JUL	£105,000	£163,344	36% below HPI

145 MILL 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 two 145 MILL ROAD sales from July 2001 and May 2009 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 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2009 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 145 MILL ROAD?

145 MILL ROAD is 69m² according to the EPC inspection conducted in March 2009. 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 145 MILL ROAD lies on this distribution: 6% of detached houses are smaller than 145 MILL ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Colchester.

145 MILL ROAD: Plot and Title Map

145 MILL ROAD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 145 MILL 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 145 MILL 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 145 MILL ROAD?

145 MILL ROAD is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 145 on MILL ROAD.