162, GREENSTEAD ROAD, COLCHESTER, CO1 2SQ - £185,300

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

162 GREENSTEAD ROAD is a very small extended semi-detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £216,135. It was last sold for £185,300 in September 2018, which was around 35% below the average September 2018 semi-detached price in the Colchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

162 GREENSTEAD ROAD Sold Prices

Land registry data shows three sales for 162 GREENSTEAD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the three 162 GREENSTEAD 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
2018 19 SEP	£185,300	£283,980	35% below HPI
2002 19 APR	£49,000	£112,057	56% below HPI
1997 12 SEP	£30,000	£61,920	52% below HPI

162 GREENSTEAD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The three 162 GREENSTEAD ROAD sales between September 1997 and September 2018 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 2002 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the September 2018 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 162 GREENSTEAD ROAD be worth now?

162 GREENSTEAD ROAD might now be worth an estimated £216,135.

This is based on house price inflation of 16.6%, between September 2018 and February 2025, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 162 GREENSTEAD ROAD of £185,300 on 19th September 2018. For the value to have increased from £185,300 to £216,135 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 162 GREENSTEAD ROAD has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The September 2018 sale price of £185,300 represented a fair market value for the property.
• The size, condition, and specification of 162 GREENSTEAD ROAD has not materially changed since September 2018.

How Large is 162 GREENSTEAD ROAD?

162 GREENSTEAD ROAD is 59m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 162 GREENSTEAD ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 162 GREENSTEAD ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Colchester.

162 GREENSTEAD ROAD: Plot and Title Map

162 GREENSTEAD ROAD sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 162 GREENSTEAD 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 162 GREENSTEAD 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 162 GREENSTEAD ROAD?

162 GREENSTEAD ROAD is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 162 on GREENSTEAD ROAD.