17, LAYER ROAD, COLCHESTER, CO2 7HN - £355,000

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

17 LAYER ROAD is a very large extended detached house of 154m², built sometime between 1950 and 1966. It was last sold for £355,000 in December 2015, which was around 5% below the average December 2015 detached price in the Colchester local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

17 LAYER ROAD Sold Prices

Land registry data shows two sales for 17 LAYER ROAD 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 17 LAYER 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
2015 4 DEC	£355,000	£371,789	5% below HPI
1997 12 SEP	£78,500	£100,032	22% below HPI

17 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 two 17 LAYER ROAD sales from September 1997 and December 2015 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 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 17 LAYER ROAD?

17 LAYER ROAD is 154m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 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 17 LAYER ROAD lies on this distribution: 82% of detached houses are smaller than 17 LAYER ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Colchester.

17 LAYER ROAD: Plot and Title Map

17 LAYER ROAD sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 17 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 17 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 17 LAYER ROAD?

17 LAYER ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 17 on LAYER ROAD.