2, HESPER ROAD, COLCHESTER, CO2 8JS - £300,000

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 HESPER ROAD is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £300,000 in September 2017, which was around 30% below the average September 2017 detached price in the Colchester local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

2 HESPER ROAD Sold Prices

Land registry data shows two sales for 2 HESPER 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 HESPER 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
2017 14 SEP	£300,000	£429,380	30% below HPI
2002 27 SEP	£179,995	£215,184	16% below HPI

2 HESPER 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 HESPER ROAD sales from September 2002 and September 2017 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 September 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 HESPER ROAD?

2 HESPER ROAD is 120m² according to the EPC inspection conducted in May 2017. 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 2 HESPER ROAD lies on this distribution: 59% of detached houses are smaller than 2 HESPER ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 HESPER ROAD: Plot and Title Map

2 HESPER ROAD sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 2 HESPER 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 HESPER 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 HESPER ROAD?

2 HESPER ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 2 on HESPER ROAD.