16, PRESIDENT ROAD, COLCHESTER, CO3 9ED - £260,000

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 PRESIDENT ROAD is a large detached house of 134m², built sometime between 1991 and 1995. It was last sold for £260,000 in July 2012, which was around 10% below the average July 2012 detached price in the Colchester local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

16 PRESIDENT ROAD Sold Prices

Land registry data shows three sales for 16 PRESIDENT 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. The three 16 PRESIDENT ROAD sales were a mix of below the average price, roughly equal to the average price, and above 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
2012 5 JUL	£260,000	£287,955	10% below HPI
2003 5 JUN	£233,000	£233,411	Close to HPI
1995 23 APR	£92,000	£90,858	1% above HPI

16 PRESIDENT 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 PRESIDENT ROAD sales between April 1995 and July 2012 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 June 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2012 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 16 PRESIDENT ROAD?

16 PRESIDENT ROAD is 134m² according to the EPC inspection conducted in June 2021. This puts it in the largest 30% 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 PRESIDENT ROAD lies on this distribution: 71% of detached houses are smaller than 16 PRESIDENT ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 PRESIDENT ROAD: Plot and Title Map

16 PRESIDENT ROAD sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 16 PRESIDENT 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 PRESIDENT 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 PRESIDENT ROAD?

16 PRESIDENT ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 16 on PRESIDENT ROAD.