16, RIVERSIDE PLACE, COLCHESTER, CO1 2ZG - £310,000

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

16 RIVERSIDE PLACE is a very large detached house of 236m², built sometime from 2007 onwards. It was last sold for £310,000 in January 2014, which was around 2% above the average January 2014 detached price in the Colchester local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

16 RIVERSIDE PLACE Sold Prices

Land registry data shows two sales for 16 RIVERSIDE PLACE 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 16 RIVERSIDE PLACE sales were for 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
2014 31 JAN	£310,000	£304,941	2% above HPI
2011 11 APR	£322,500	£283,001	14% above HPI

16 RIVERSIDE PLACE 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 16 RIVERSIDE PLACE sales from April 2011 and January 2014 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 2011 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2014 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 16 RIVERSIDE PLACE?

16 RIVERSIDE PLACE is 236m² according to the EPC inspection conducted in August 2013. This puts it in the largest 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 RIVERSIDE PLACE lies on this distribution: 98% of detached houses are smaller than 16 RIVERSIDE PLACE, and 2% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 RIVERSIDE PLACE: Plot and Title Map

16 RIVERSIDE PLACE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 16 RIVERSIDE PLACE, 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 RIVERSIDE PLACE). 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 RIVERSIDE PLACE?

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