18, WELSHWOOD PARK ROAD, COLCHESTER, CO4 3JB - £595,000

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.

18 WELSHWOOD PARK ROAD is a very large extended detached house of 222m², built sometime between 1930 and 1949, which could now be worth an estimated £1,053,330. It was last sold for £595,000 in July 2011, which was around 110% above the average July 2011 detached price in the Colchester local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

18 WELSHWOOD PARK ROAD Sold Prices

Land registry data shows three sales for 18 WELSHWOOD PARK 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. All of the three 18 WELSHWOOD PARK ROAD sales were for above 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
2011 11 JUL	£595,000	£283,704	110% above HPI
2010 12 MAY	£575,000	£284,812	102% above HPI
1999 30 SEP	£174,000	£123,618	41% above HPI

18 WELSHWOOD PARK 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 18 WELSHWOOD PARK ROAD sales between September 1999 and July 2011 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 May 2010 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the July 2011 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

What might 18 WELSHWOOD PARK ROAD be worth now?

18 WELSHWOOD PARK ROAD might now be worth an estimated £1,053,330.

This is based on house price inflation of 77%, between July 2011 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 77% inflationary increase is applied to the most recent sale price for 18 WELSHWOOD PARK ROAD of £595,000 on 11th July 2011. For the value to have increased from £595,000 to £1,053,330 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of 18 WELSHWOOD PARK ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The July 2011 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WELSHWOOD PARK ROAD has not materially changed since July 2011.

How Large is 18 WELSHWOOD PARK ROAD?

18 WELSHWOOD PARK ROAD is 222m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 10% 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 18 WELSHWOOD PARK ROAD lies on this distribution: 97% of detached houses houses are smaller than 18 WELSHWOOD PARK ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Colchester.

18 WELSHWOOD PARK ROAD: Plot and Title Map

18 WELSHWOOD PARK ROAD sits on a plot of roughly 0.386 of an acre, or 1,563m². The below map shows the location of 18 WELSHWOOD PARK 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 WELSHWOOD PARK 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 18 WELSHWOOD PARK ROAD?

18 WELSHWOOD PARK ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 18 on WELSHWOOD PARK ROAD.