307, STRAIGHT ROAD, COLCHESTER, CO3 9EG - £350,000

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

307 STRAIGHT ROAD is a midsized extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £350,000 in December 2016, which was around 15% below the average December 2016 detached price in the Colchester local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

307 STRAIGHT ROAD Sold Prices

Land registry data shows three sales for 307 STRAIGHT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 307 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
2016 20 DEC	£350,000	£410,425	15% below HPI
2009 17 AUG	£237,000	£259,659	9% below HPI
2006 14 FEB	£224,000	£275,510	19% below HPI

307 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 three 307 STRAIGHT ROAD sales between February 2006 and December 2016 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 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 307 STRAIGHT ROAD?

307 STRAIGHT ROAD is 107m², which includes one extension, according to the EPC inspection conducted in February 2009. 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 307 STRAIGHT ROAD lies on this distribution: 45% of detached houses are smaller than 307 STRAIGHT ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Colchester.

307 STRAIGHT ROAD: Plot and Title Map

307 STRAIGHT ROAD sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 307 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 307 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 307 STRAIGHT ROAD?

307 STRAIGHT ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 307 on STRAIGHT ROAD.