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
30 LAYER ROAD is a midsized extended detached house of 104m², built sometime between 1930 and 1949. It was last sold for £230,000 in July 2013, which was around 21% below the average July 2013 detached price in the Colchester local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows six sales for 30 LAYER ROAD since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the six 30 LAYER 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 |
---|---|---|---|
2013 5 JUL | £230,000 | £289,834 | 21% below HPI |
2009 22 DEC | £157,000 | £271,025 | 42% below HPI |
2005 9 DEC | £235,000 | £271,084 | 13% below HPI |
2004 8 JUL | £200,000 | £259,039 | 23% below HPI |
2002 22 MAR | £140,000 | £181,389 | 23% below HPI |
2000 10 MAR | £118,000 | £135,902 | 13% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The six 30 LAYER ROAD sales between March 2000 and July 2013 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 2009 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2013 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
30 LAYER ROAD is 104m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 30 LAYER ROAD lies on this distribution: 42% of detached houses are smaller than 30 LAYER ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Colchester.
30 LAYER ROAD sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 30 LAYER 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 30 LAYER 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.
30 LAYER ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 30 on LAYER ROAD.