3, SHELLEY ROAD, COLCHESTER, CO3 4JN - £275,000

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

3 SHELLEY ROAD is a very small detached house of 54m², built sometime between 1950 and 1966. It was last sold for £275,000 in March 2020, which was around 36% below the average March 2020 detached price in the Colchester local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

3 SHELLEY ROAD Sold Prices

Land registry data shows two sales for 3 SHELLEY 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 SHELLEY 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
2020 9 MAR	£275,000	£428,059	36% below HPI
1995 7 APR	£54,000	£90,858	41% below HPI

3 SHELLEY 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 SHELLEY ROAD sales from April 1995 and March 2020 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 April 1995 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 SHELLEY ROAD?

3 SHELLEY ROAD is 54m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 3 SHELLEY ROAD lies on this distribution: 1% of detached houses are smaller than 3 SHELLEY ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 SHELLEY ROAD: Plot and Title Map

3 SHELLEY ROAD sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 3 SHELLEY 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 SHELLEY 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 SHELLEY ROAD?

3 SHELLEY ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 3 on SHELLEY ROAD.