23, HAZELTON ROAD, COLCHESTER, CO4 3DT - £325,000

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

23 HAZELTON ROAD is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £325,000 in January 2023, which was around 38% below the average January 2023 detached price in the Colchester local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

23 HAZELTON ROAD Sold Prices

Land registry data shows four sales for 23 HAZELTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 23 HAZELTON 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 17 JAN	£325,000	£525,879	38% below HPI
2013 27 SEP	£150,000	£299,937	50% below HPI
2013 31 MAY	£125,000	£290,038	57% below HPI
2003 14 MAR	£127,000	£227,259	44% below HPI

23 HAZELTON 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 four 23 HAZELTON ROAD sales between March 2003 and January 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 September 2013 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the January 2023 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 23 HAZELTON ROAD?

23 HAZELTON ROAD is 71m² according to the EPC inspection conducted in September 2022. 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 23 HAZELTON ROAD lies on this distribution: 7% of detached houses are smaller than 23 HAZELTON ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Colchester.

23 HAZELTON ROAD: Plot and Title Map

23 HAZELTON ROAD sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 23 HAZELTON 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 23 HAZELTON 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 23 HAZELTON ROAD?

23 HAZELTON ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 23 on HAZELTON ROAD.