305, STRAIGHT ROAD, COLCHESTER, CO3 9EG - £510,000

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

305 STRAIGHT ROAD is a large extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £510,000 in January 2023, which was around 3% below the average January 2023 detached price in the Colchester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was C.

305 STRAIGHT ROAD Sold Prices

Land registry data shows four sales for 305 STRAIGHT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 305 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
2023 6 JAN	£510,000	£525,879	3% below HPI
2014 20 OCT	£325,000	£333,306	2% below HPI
2009 23 OCT	£247,500	£266,955	7% below HPI
2004 28 JUN	£229,995	£256,983	11% below HPI

305 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 four 305 STRAIGHT ROAD sales between June 2004 and January 2023 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 October 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 305 STRAIGHT ROAD?

305 STRAIGHT ROAD is 123m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 305 STRAIGHT ROAD lies on this distribution: 62% of detached houses are smaller than 305 STRAIGHT ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Colchester.

305 STRAIGHT ROAD: Plot and Title Map

305 STRAIGHT ROAD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 305 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 305 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 305 STRAIGHT ROAD?

305 STRAIGHT ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 305 on STRAIGHT ROAD.