29, WELLS ROAD, COLCHESTER, CO1 2YW - £239,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 WELLS ROAD is a midsized extended detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £423,158. 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.

29 WELLS ROAD Sold Prices

Land registry data shows two sales for 29 WELLS 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 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	£284,848	16% below HPI
2001 8 JUN	£149,995	£159,807	6% below HPI

29 WELLS 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 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.

What might 29 WELLS ROAD be worth now?

29 WELLS ROAD might now be worth an estimated £423,158.

This is based on house price inflation of 76.3%, between September 2011 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.3% inflationary increase is applied to the most recent sale price for 29 WELLS ROAD of £239,995 on 2nd September 2011. For the value to have increased from £239,995 to £423,158 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 29 WELLS ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2011 sale price of £239,995 represented a fair market value for the property.
• The size, condition, and specification of 29 WELLS ROAD has not materially changed since September 2011.

How Large is 29 WELLS ROAD?

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 houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 29 WELLS ROAD lies on this distribution: 56% of detached houses 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: Plot and Title Map

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.

Where is 29 WELLS ROAD?

29 WELLS ROAD is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 29 on WELLS ROAD.