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
1C NELSON ROAD is a large extended detached house of 146m², built sometime between 1967 and 1975. It was last sold for £375,000 in January 2018, which was around 13% below the average January 2018 detached price in the Colchester local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 1C NELSON ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 1C NELSON 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 |
---|---|---|---|
2018 15 JAN | £375,000 | £432,750 | 13% below HPI |
2007 19 OCT | £250,000 | £305,139 | 18% below HPI |
2007 5 JUN | £218,000 | £298,941 | 27% below HPI |
2006 18 AUG | £238,000 | £282,194 | 16% below HPI |
2005 14 SEP | £240,000 | £267,937 | 10% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The five 1C NELSON ROAD sales between September 2005 and January 2018 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 October 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
1C NELSON ROAD is 146m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 1C NELSON ROAD lies on this distribution: 78% of detached houses are smaller than 1C NELSON ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Colchester.
1C NELSON ROAD sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 1C NELSON 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 1C NELSON 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.
1C NELSON ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 1C on NELSON ROAD.