16, HOMEFIELD ROAD, COLCHESTER, CO2 9PG - £140,000

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 HOMEFIELD ROAD is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £140,000 in August 2009, which was around 46% below the average August 2009 detached price in the Colchester local authority area. The most recent EPC inspection was March 2008, where the current energy rating was C, and the potential energy rating was C.

16 HOMEFIELD ROAD Sold Prices

Land registry data shows three sales for 16 HOMEFIELD 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 HOMEFIELD 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 13 AUG	£140,000	£259,659	46% below HPI
2006 15 SEP	£142,000	£283,645	50% below HPI
2001 25 JUL	£71,000	£163,344	57% below HPI

16 HOMEFIELD 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 HOMEFIELD ROAD sales between July 2001 and August 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 September 2006 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2009 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 16 HOMEFIELD ROAD?

16 HOMEFIELD ROAD is 69m² according to the EPC inspection conducted in March 2008. 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 HOMEFIELD ROAD lies on this distribution: 6% of detached houses are smaller than 16 HOMEFIELD ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 HOMEFIELD ROAD: Plot and Title Map

16 HOMEFIELD ROAD sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 16 HOMEFIELD 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 HOMEFIELD 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 HOMEFIELD ROAD?

16 HOMEFIELD ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 16 on HOMEFIELD ROAD.