3, SHERBOURNE ROAD, COLCHESTER, CO4 3TN - £272,000

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

3 SHERBOURNE ROAD is a very small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £272,000 in October 2018, which was around 38% below the average October 2018 detached price in the Colchester local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

3 SHERBOURNE ROAD Sold Prices

Land registry data shows two sales for 3 SHERBOURNE 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 SHERBOURNE 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
2018 12 OCT	£272,000	£439,997	38% below HPI
2007 17 AUG	£168,000	£307,629	45% below HPI

3 SHERBOURNE 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 SHERBOURNE ROAD sales from August 2007 and October 2018 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 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2018 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 3 SHERBOURNE ROAD?

3 SHERBOURNE ROAD is 85m² according to the EPC inspection conducted in June 2018. 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 3 SHERBOURNE ROAD lies on this distribution: 20% of detached houses are smaller than 3 SHERBOURNE ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 SHERBOURNE ROAD: Plot and Title Map

3 SHERBOURNE ROAD sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 3 SHERBOURNE 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 SHERBOURNE 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 SHERBOURNE ROAD?

3 SHERBOURNE ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 3 on SHERBOURNE ROAD.