31, ELMSTEAD ROAD, COLCHESTER, CO4 3AA - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 ELMSTEAD ROAD is a small extended detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £300,126. It was last sold for £220,000 in December 2015, which was around 41% below the average December 2015 detached price in the Colchester local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

31 ELMSTEAD ROAD Sold Prices

Land registry data shows two sales for 31 ELMSTEAD 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 31 ELMSTEAD 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
2015 18 DEC	£220,000	£372,811	41% below HPI
2015 10 DEC	£225,000	£372,811	40% below HPI

31 ELMSTEAD 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 31 ELMSTEAD ROAD sales from December 2015 and December 2015 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 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 31 ELMSTEAD ROAD be worth now?

31 ELMSTEAD ROAD might now be worth an estimated £300,126.

This is based on house price inflation of 36.4%, between December 2015 and December 2024, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.4% inflationary increase is applied to the most recent sale price for 31 ELMSTEAD ROAD of £220,000 on 18th December 2015. For the value to have increased from £220,000 to £300,126 over the nine years to December 2024, the following assumptions must hold true:

• The value of 31 ELMSTEAD ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2015 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 31 ELMSTEAD ROAD has not materially changed since December 2015.

How Large is 31 ELMSTEAD ROAD?

31 ELMSTEAD ROAD is 87m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 31 ELMSTEAD ROAD lies on this distribution: 22% of detached houses houses are smaller than 31 ELMSTEAD ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Colchester.

31 ELMSTEAD ROAD: Plot and Title Map

31 ELMSTEAD ROAD sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 31 ELMSTEAD 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 31 ELMSTEAD 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 31 ELMSTEAD ROAD?

31 ELMSTEAD ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 31 on ELMSTEAD ROAD.