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
29 WELLS ROAD is a midsized extended detached house of 117m², built sometime between 1976 and 1982. It was last sold for £239,995 in September 2011, which was around 16% below the average September 2011 detached price in the Colchester local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 29 WELLS ROAD since 1st 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 29 WELLS 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 |
---|---|---|---|
2011 2 SEP | £239,995 | £284,067 | 16% below HPI |
2001 8 JUN | £149,995 | £159,369 | 6% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 29 WELLS ROAD sales from June 2001 and September 2011 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 June 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2011 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
29 WELLS ROAD is 117m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 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 29 WELLS ROAD lies on this distribution: 56% of detached houses are smaller than 29 WELLS ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Colchester.
29 WELLS ROAD sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 29 WELLS 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 29 WELLS 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.
29 WELLS ROAD is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 29 on WELLS ROAD.