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

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

150 LAYER ROAD is a very small extended detached house of 55m², built sometime between 1900 and 1929. It was last sold for £265,000 in July 2020, which was around 38% below the average July 2020 detached price in the Colchester local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

150 LAYER ROAD Sold Prices

Land registry data shows four sales for 150 LAYER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 150 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
2020 10 JUL	£265,000	£430,324	38% below HPI
2011 22 JUL	£225,000	£282,927	20% below HPI
2010 14 OCT	£155,000	£289,614	46% below HPI
2009 9 FEB	£137,500	£244,494	44% below HPI

150 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 four 150 LAYER ROAD sales between February 2009 and July 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 July 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 150 LAYER ROAD?

150 LAYER ROAD is 55m², which includes one extension, according to the EPC inspection conducted in February 2011. 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 150 LAYER ROAD lies on this distribution: 2% of detached houses are smaller than 150 LAYER ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Colchester.

150 LAYER ROAD: Plot and Title Map

150 LAYER ROAD sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 150 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 150 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 150 LAYER ROAD?

150 LAYER ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 150 on LAYER ROAD.