21, LAYER ROAD, COLCHESTER, CO2 7HT - £310,000

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

21 LAYER ROAD is a small extended detached house of 101m², built sometime between 1900 and 1929. It was last sold for £310,000 in March 2016, which was around 17% below the average March 2016 detached price in the Colchester local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was D.

21 LAYER ROAD Sold Prices

Land registry data shows two sales for 21 LAYER 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 21 LAYER 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
2016 24 MAR	£310,000	£373,797	17% below HPI
2006 7 JUL	£218,000	£279,139	22% below HPI

21 LAYER 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 21 LAYER ROAD sales from July 2006 and March 2016 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 July 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 21 LAYER ROAD?

21 LAYER ROAD is 101m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 21 LAYER ROAD lies on this distribution: 38% of detached houses are smaller than 21 LAYER ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Colchester.

21 LAYER ROAD: Plot and Title Map

21 LAYER ROAD sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 21 LAYER 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 21 LAYER 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 21 LAYER ROAD?

21 LAYER ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 21 on LAYER ROAD.