240, MALDON ROAD, COLCHESTER, CO3 3BE - £410,000

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

240 MALDON ROAD is a midsized extended detached house of 104m², built sometime between 1900 and 1929. It was last sold for £410,000 in July 2023, which was around 19% below the average July 2023 detached price in the Colchester local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

240 MALDON ROAD Sold Prices

Land registry data shows three sales for 240 MALDON 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 240 MALDON 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 14 JUL	£410,000	£503,500	19% below HPI
2014 8 JAN	£273,000	£304,941	10% below HPI
2005 2 JUN	£220,000	£267,383	18% below HPI

240 MALDON 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 240 MALDON ROAD sales between June 2005 and July 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 240 MALDON ROAD?

240 MALDON ROAD is 104m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 240 MALDON ROAD lies on this distribution: 42% of detached houses are smaller than 240 MALDON ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Colchester.

240 MALDON ROAD: Plot and Title Map

240 MALDON ROAD sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 240 MALDON 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 240 MALDON 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 240 MALDON ROAD?

240 MALDON ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 240 on MALDON ROAD.