240B, STRAIGHT ROAD, COLCHESTER, CO3 9DU - £250,000

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

240B STRAIGHT ROAD is a small extended detached house of 90m², built sometime between 2003 and 2006. It was last sold for £250,000 in October 2013, which was around 18% below the average October 2013 detached price in the Colchester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

240B STRAIGHT ROAD Sold Prices

Land registry data shows two sales for 240B STRAIGHT 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 240B STRAIGHT 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
2013 10 OCT	£250,000	£303,998	18% below HPI
2007 29 MAR	£249,995	£292,927	15% below HPI

240B STRAIGHT 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 240B STRAIGHT ROAD sales from March 2007 and October 2013 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 March 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2013 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 240B STRAIGHT ROAD?

240B STRAIGHT ROAD is 90m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 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 240B STRAIGHT ROAD lies on this distribution: 26% of detached houses are smaller than 240B STRAIGHT ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Colchester.

240B STRAIGHT ROAD: Plot and Title Map

240B STRAIGHT ROAD sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 240B STRAIGHT 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 240B STRAIGHT 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 240B STRAIGHT ROAD?

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