2, ERRINGTON ROAD, COLCHESTER, CO3 3EA - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 ERRINGTON ROAD is a midsized extended detached house of 106m², built sometime before 1900. It was last sold for £475,000 in March 2021, which was around 8% above the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

2 ERRINGTON ROAD Sold Prices

Land registry data shows two sales for 2 ERRINGTON 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 2 ERRINGTON 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
2021 26 MAR	£475,000	£438,624	8% above HPI
1999 13 AUG	£174,995	£122,586	43% above HPI

2 ERRINGTON 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 2 ERRINGTON ROAD sales from August 1999 and March 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 August 1999 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 ERRINGTON ROAD?

2 ERRINGTON ROAD is 106m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 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 2 ERRINGTON ROAD lies on this distribution: 43% of detached houses are smaller than 2 ERRINGTON ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 ERRINGTON ROAD: Plot and Title Map

2 ERRINGTON ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 2 ERRINGTON 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 2 ERRINGTON 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 2 ERRINGTON ROAD?

2 ERRINGTON ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 2 on ERRINGTON ROAD.