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
18 ELMSTEAD ROAD is a midsized detached house of 114m², built sometime between 1976 and 1982. It was last sold for £365,000 in May 2021, which was around 17% below the average May 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 18 ELMSTEAD ROAD since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the six 18 ELMSTEAD 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 |
---|---|---|---|
2021 12 MAY | £365,000 | £438,139 | 17% below HPI |
2016 22 NOV | £345,000 | £409,775 | 16% below HPI |
2013 26 JUL | £247,000 | £289,834 | 15% below HPI |
2011 7 FEB | £220,000 | £282,105 | 22% below HPI |
2006 27 SEP | £179,995 | £283,645 | 37% below HPI |
2001 31 OCT | £105,000 | £174,367 | 40% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The six 18 ELMSTEAD ROAD sales between October 2001 and May 2021 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 November 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
18 ELMSTEAD ROAD is 114m² according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 18 ELMSTEAD ROAD lies on this distribution: 53% of detached houses are smaller than 18 ELMSTEAD ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Colchester.
18 ELMSTEAD ROAD sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 18 ELMSTEAD 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 18 ELMSTEAD 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.
18 ELMSTEAD ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 18 on ELMSTEAD ROAD.