20, RICHMOND ROAD, COLCHESTER, CO2 7FR - £240,000

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

20 RICHMOND ROAD is a very small detached house of 63m², built sometime between 2007 and 2011. It was last sold for £240,000 in June 2023, which was around 52% below the average June 2023 detached price in the Colchester local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

20 RICHMOND ROAD Sold Prices

Land registry data shows three sales for 20 RICHMOND 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 20 RICHMOND 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
2023 2 JUN	£240,000	£503,924	52% below HPI
2014 22 JAN	£143,500	£304,941	53% below HPI
2013 27 NOV	£140,000	£304,252	54% below HPI

20 RICHMOND 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 20 RICHMOND ROAD sales between November 2013 and June 2023 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 January 2014 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the June 2023 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 20 RICHMOND ROAD?

20 RICHMOND ROAD is 63m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 20 RICHMOND ROAD lies on this distribution: 4% of detached houses are smaller than 20 RICHMOND ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Colchester.

20 RICHMOND ROAD: Plot and Title Map

20 RICHMOND ROAD sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of 20 RICHMOND 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 20 RICHMOND 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 20 RICHMOND ROAD?

20 RICHMOND ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 20 on RICHMOND ROAD.