295, STRAIGHT ROAD, COLCHESTER, CO3 9EQ - £500,000

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

295 STRAIGHT ROAD is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £500,000 in July 2022, which was around 2% below the average July 2022 detached price in the Colchester local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

295 STRAIGHT ROAD Sold Prices

Land registry data shows two sales for 295 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 295 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
2022 22 JUL	£500,000	£508,068	2% below HPI
2014 29 AUG	£312,000	£323,948	4% below HPI

295 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 295 STRAIGHT ROAD sales from August 2014 and July 2022 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 August 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 295 STRAIGHT ROAD?

295 STRAIGHT ROAD is 96m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 295 STRAIGHT ROAD lies on this distribution: 33% of detached houses are smaller than 295 STRAIGHT ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Colchester.

295 STRAIGHT ROAD: Plot and Title Map

295 STRAIGHT ROAD sits on a plot of roughly 0.201 of an acre, or 812m². The below map shows the location of 295 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 295 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 295 STRAIGHT ROAD?

295 STRAIGHT ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 295 on STRAIGHT ROAD.