3, GOSFIELD ROAD, COLCHESTER, CO2 0AS - £145,000

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.

3 GOSFIELD ROAD is a very small detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £246,609. It was last sold for £145,000 in February 2007, which was around 51% below the average February 2007 detached price in the Colchester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

3 GOSFIELD ROAD Sold Prices

Land registry data shows two sales for 3 GOSFIELD 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 3 GOSFIELD 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
2007 1 FEB	£145,000	£295,306	51% below HPI
1998 18 DEC	£64,000	£112,052	43% below HPI

3 GOSFIELD 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 3 GOSFIELD ROAD sales from December 1998 and February 2007 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 December 1998 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2007 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 3 GOSFIELD ROAD be worth now?

3 GOSFIELD ROAD might now be worth an estimated £246,609.

This is based on house price inflation of 70.1%, between February 2007 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 70.1% inflationary increase is applied to the most recent sale price for 3 GOSFIELD ROAD of £145,000 on 1st February 2007. For the value to have increased from £145,000 to £246,609 over the eighteen years to February 2025, the following assumptions must hold true:

• The value of 3 GOSFIELD ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2007 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GOSFIELD ROAD has not materially changed since February 2007.

How Large is 3 GOSFIELD ROAD?

3 GOSFIELD ROAD is 73m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Berechurch, and where 3 GOSFIELD ROAD lies on this distribution: 9% of detached houses houses are smaller than 3 GOSFIELD ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

3 GOSFIELD ROAD: Plot and Title Map

3 GOSFIELD ROAD sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 3 GOSFIELD 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 3 GOSFIELD 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 3 GOSFIELD ROAD?

3 GOSFIELD ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 3 on GOSFIELD ROAD.