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
291 HARWICH ROAD is a very small property of 81m², built sometime between 1996 and 2002. It was last sold for £350,000 in July 2023, which was around 30% below the average July 2023 detached price in the Colchester local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows eight sales for 291 HARWICH ROAD since 1st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the eight 291 HARWICH 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 7 JUL | £350,000 | £503,500 | 30% below HPI |
2023 28 FEB | £280,000 | £524,839 | 47% below HPI |
2017 27 SEP | £275,000 | £429,380 | 36% below HPI |
2014 14 APR | £188,000 | £310,577 | 39% below HPI |
2011 4 FEB | £160,000 | £282,105 | 43% below HPI |
2006 21 APR | £162,000 | £278,657 | 42% below HPI |
2003 19 JUN | £158,000 | £233,411 | 32% below HPI |
2000 17 MAR | £93,995 | £135,902 | 31% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The eight 291 HARWICH ROAD sales between March 2000 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 February 2023 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
291 HARWICH ROAD is 81m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 291 HARWICH ROAD lies on this distribution: 15% of detached houses are smaller than 291 HARWICH ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Colchester.
291 HARWICH ROAD sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 291 HARWICH 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 291 HARWICH 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.
291 HARWICH ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 291 on HARWICH ROAD.