16, CASTLE ROAD, COLCHESTER, CO1 1UW - £125,000

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

16 CASTLE ROAD is a very small extended detached house of 68m², built sometime before 1900. It was last sold for £125,000 in December 2001, which was around 29% below the average December 2001 detached price in the Colchester local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

16 CASTLE ROAD Sold Prices

Land registry data shows three sales for 16 CASTLE 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 16 CASTLE 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
2001 18 DEC	£125,000	£176,343	29% below HPI
1999 16 APR	£88,000	£111,386	21% below HPI
1995 13 APR	£50,000	£90,858	45% below HPI

16 CASTLE 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 16 CASTLE ROAD sales between April 1995 and December 2001 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 April 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2001 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 16 CASTLE ROAD?

16 CASTLE ROAD is 68m², which includes two extensions, according to the EPC inspection conducted in June 2019. 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 16 CASTLE ROAD lies on this distribution: 6% of detached houses are smaller than 16 CASTLE ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 CASTLE ROAD: Plot and Title Map

16 CASTLE ROAD sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 16 CASTLE 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 16 CASTLE 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 16 CASTLE ROAD?

16 CASTLE ROAD is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 16 on CASTLE ROAD.