224, IPSWICH ROAD, COLCHESTER, CO4 0EP - £295,000

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

224 IPSWICH ROAD is a large extended detached house of 144m², built sometime between 1930 and 1949. It was last sold for £295,000 in June 2014, which was around 7% below the average June 2014 detached price in the Colchester local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

224 IPSWICH ROAD Sold Prices

Land registry data shows two sales for 224 IPSWICH 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 224 IPSWICH 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
2014 17 JUN	£295,000	£316,435	7% below HPI
2000 15 MAY	£140,000	£141,661	1% below HPI

224 IPSWICH 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 224 IPSWICH ROAD sales from May 2000 and June 2014 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 May 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2014 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 224 IPSWICH ROAD?

224 IPSWICH ROAD is 144m², which includes two extensions, according to the EPC inspection conducted in November 2009. 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 224 IPSWICH ROAD lies on this distribution: 77% of detached houses are smaller than 224 IPSWICH ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Colchester.

224 IPSWICH ROAD: Plot and Title Map

224 IPSWICH ROAD sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 224 IPSWICH 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 224 IPSWICH 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 224 IPSWICH ROAD?

224 IPSWICH ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 224 on IPSWICH ROAD.