338, OLD HEATH ROAD, COLCHESTER, CO2 8DD - £180,000

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

338 OLD HEATH ROAD is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £180,000 in April 2012, which was around 36% below the average April 2012 detached price in the Colchester local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

338 OLD HEATH ROAD Sold Prices

Land registry data shows two sales for 338 OLD HEATH 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 338 OLD HEATH 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
2012 27 APR	£180,000	£281,519	36% below HPI
1997 8 AUG	£59,995	£99,515	40% below HPI

338 OLD HEATH 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 338 OLD HEATH ROAD sales from August 1997 and April 2012 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 1997 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2012 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 338 OLD HEATH ROAD?

338 OLD HEATH ROAD is 64m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 338 OLD HEATH ROAD lies on this distribution: 4% of detached houses are smaller than 338 OLD HEATH ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Colchester.

338 OLD HEATH ROAD: Plot and Title Map

338 OLD HEATH ROAD sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 338 OLD HEATH 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 338 OLD HEATH 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 338 OLD HEATH ROAD?

338 OLD HEATH ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 338 on OLD HEATH ROAD.