248, IPSWICH ROAD, COLCHESTER, CO4 0ER - £610,000

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

248 IPSWICH ROAD is a very large extended detached house of 231m², built sometime between 1930 and 1949. It was last sold for £610,000 in August 2019, which was around 39% above the average August 2019 detached price in the Colchester local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

248 IPSWICH ROAD Sold Prices

Land registry data shows two sales for 248 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. One of the two 248 IPSWICH ROAD sales was for above the average price, whilst the other was 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
2019 14 AUG	£610,000	£440,286	39% above HPI
2007 20 APR	£290,000	£292,392	1% below HPI

248 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 248 IPSWICH ROAD sales from April 2007 and August 2019 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 April 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2019 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 248 IPSWICH ROAD?

248 IPSWICH ROAD is 231m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 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 248 IPSWICH ROAD lies on this distribution: 97% of detached houses are smaller than 248 IPSWICH ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Colchester.

248 IPSWICH ROAD: Plot and Title Map

248 IPSWICH ROAD sits on a plot of roughly 0.224 of an acre, or 907m². The below map shows the location of 248 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 248 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 248 IPSWICH ROAD?

248 IPSWICH ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 248 on IPSWICH ROAD.