17, LUFKIN ROAD, COLCHESTER, CO4 5JN - £255,000

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.

17 LUFKIN ROAD is a midsized detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £290,619. It was last sold for £255,000 in February 2019, which was around 42% below the average February 2019 detached price in the Colchester local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

17 LUFKIN ROAD Sold Prices

Land registry data shows two sales for 17 LUFKIN 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 LUFKIN 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
2019 28 FEB	£255,000	£440,686	42% below HPI
2000 10 AUG	£40,000	£146,379	73% below HPI

17 LUFKIN 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 LUFKIN ROAD sales from August 2000 and February 2019 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 August 2000 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the February 2019 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 17 LUFKIN ROAD be worth now?

17 LUFKIN ROAD might now be worth an estimated £290,619.

This is based on house price inflation of 14%, between February 2019 and February 2025, for 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 14% inflationary increase is applied to the most recent sale price for 17 LUFKIN ROAD of £255,000 on 28th February 2019. For the value to have increased from £255,000 to £290,619 over the six years to February 2025, the following assumptions must hold true:

• The value of 17 LUFKIN ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2019 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LUFKIN ROAD has not materially changed since February 2019.

How Large is 17 LUFKIN ROAD?

17 LUFKIN ROAD is 112m² according to the EPC inspection conducted in August 2018. This puts it in the largest 50% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 17 LUFKIN ROAD lies on this distribution: 50% of detached houses houses are smaller than 17 LUFKIN ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Colchester.

17 LUFKIN ROAD: Plot and Title Map

17 LUFKIN ROAD sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 17 LUFKIN 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 LUFKIN 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 LUFKIN ROAD?

17 LUFKIN ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 17 on LUFKIN ROAD.