331, IPSWICH ROAD, COLCHESTER, CO4 0HN - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

331 IPSWICH ROAD is a small extended semi-detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £291,930. It was last sold for £250,000 in October 2018, which was around 12% below the average October 2018 semi-detached price in the Colchester local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

331 IPSWICH ROAD Sold Prices

Land registry data shows three sales for 331 IPSWICH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the three 331 IPSWICH 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
2018 15 OCT	£250,000	£283,660	12% below HPI
2007 26 JAN	£185,000	£195,442	5% below HPI
2005 15 DEC	£170,000	£179,015	5% below HPI

331 IPSWICH ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The three 331 IPSWICH ROAD sales between December 2005 and October 2018 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 January 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 331 IPSWICH ROAD be worth now?

331 IPSWICH ROAD might now be worth an estimated £291,930.

This is based on house price inflation of 16.8%, between October 2018 and February 2025, for semi-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 16.8% inflationary increase is applied to the most recent sale price for 331 IPSWICH ROAD of £250,000 on 15th October 2018. For the value to have increased from £250,000 to £291,930 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 331 IPSWICH ROAD has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The October 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 331 IPSWICH ROAD has not materially changed since October 2018.

How Large is 331 IPSWICH ROAD?

331 IPSWICH ROAD is 90m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 331 IPSWICH ROAD lies on this distribution: 26% of semi-detached houses houses are smaller than 331 IPSWICH ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Colchester.

331 IPSWICH ROAD: Plot and Title Map

331 IPSWICH ROAD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 331 IPSWICH 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 331 IPSWICH 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 331 IPSWICH ROAD?

331 IPSWICH ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 331 on IPSWICH ROAD.