297, STRAIGHT ROAD, COLCHESTER, CO3 9EQ - £385,000

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

297 STRAIGHT ROAD is a very small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £385,000 in July 2017, which was around 9% below the average July 2017 detached price in the Colchester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

297 STRAIGHT ROAD Sold Prices

Land registry data shows three sales for 297 STRAIGHT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 297 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
2017 7 JUL	£385,000	£423,682	9% below HPI
2010 26 FEB	£180,000	£277,152	35% below HPI
2007 1 OCT	£237,000	£305,139	22% below HPI

297 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 three 297 STRAIGHT ROAD sales between October 2007 and July 2017 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 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 297 STRAIGHT ROAD?

297 STRAIGHT ROAD is 83m² according to the EPC inspection conducted in March 2017. 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 297 STRAIGHT ROAD lies on this distribution: 17% of detached houses are smaller than 297 STRAIGHT ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Colchester.

297 STRAIGHT ROAD: Plot and Title Map

297 STRAIGHT ROAD sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 297 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 297 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 297 STRAIGHT ROAD?

297 STRAIGHT ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 297 on STRAIGHT ROAD.