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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 ELMSTEAD ROAD is a small extended detached house of 87m², built sometime between 1996 and 2002. 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	£371,789	41% below HPI
2015 10 DEC	£225,000	£371,789	39% 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 39% below the HPI. So the extrapolation line tracks at 39% 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.

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 in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 31 ELMSTEAD ROAD lies on this distribution: 22% of detached 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.