168, LAYER ROAD, COLCHESTER, CO2 7JX - £323,000

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

168 LAYER ROAD is a very small extended detached house of 80m², built sometime between 1950 and 1966. It was last sold for £323,000 in November 2013, which was around 6% above the average November 2013 detached price in the Colchester local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was D.

168 LAYER ROAD Sold Prices

Land registry data shows three sales for 168 LAYER 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. One of the three 168 LAYER ROAD sales was for above the average price, whilst two 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
2013 15 NOV	£323,000	£304,252	6% above HPI
2006 21 DEC	£285,500	£292,913	3% below HPI
2001 23 MAR	£136,000	£151,192	10% below HPI

168 LAYER 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 168 LAYER ROAD sales between March 2001 and November 2013 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 December 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2013 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 168 LAYER ROAD?

168 LAYER ROAD is 80m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 168 LAYER ROAD lies on this distribution: 14% of detached houses are smaller than 168 LAYER ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Colchester.

168 LAYER ROAD: Plot and Title Map

168 LAYER ROAD sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 168 LAYER 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 168 LAYER 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 168 LAYER ROAD?

168 LAYER ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 168 on LAYER ROAD.