24, PRESIDENT ROAD, COLCHESTER, CO3 9ED - £355,000

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

24 PRESIDENT ROAD is a very large detached house of 158m², built sometime between 1983 and 1990. It was last sold for £355,000 in November 2014, which was around 6% above the average November 2014 detached price in the Colchester local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was D.

24 PRESIDENT ROAD Sold Prices

Land registry data shows three sales for 24 PRESIDENT 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 24 PRESIDENT ROAD sales were for above 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 27 NOV	£355,000	£334,632	6% above HPI
2003 8 JUL	£265,000	£236,514	12% above HPI
1997 25 JUL	£130,000	£98,262	32% above HPI

24 PRESIDENT 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 24 PRESIDENT ROAD sales between July 1997 and November 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 July 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2014 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 24 PRESIDENT ROAD?

24 PRESIDENT ROAD is 158m² according to the EPC inspection conducted in December 2008. This puts it in the largest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 24 PRESIDENT ROAD lies on this distribution: 84% of detached houses are smaller than 24 PRESIDENT ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Colchester.

24 PRESIDENT ROAD: Plot and Title Map

24 PRESIDENT ROAD sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 24 PRESIDENT 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 24 PRESIDENT 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 24 PRESIDENT ROAD?

24 PRESIDENT ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 24 on PRESIDENT ROAD.