355, MILL ROAD, MILE END, COLCHESTER, CO4 5GG - £124,000

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

355 MILL ROAD is a small detached house of 97m², built sometime between 1991 and 1995. It was last sold for £124,000 in August 2000, which was around 15% below the average August 2000 detached price in the Colchester local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

355 MILL ROAD Sold Prices

Land registry data shows two sales for 355 MILL 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 355 MILL 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
2000 17 AUG	£124,000	£145,978	15% below HPI
1996 30 AUG	£32,950	£90,909	64% below HPI

355 MILL 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 355 MILL ROAD sales from August 1996 and August 2000 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 1996 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the August 2000 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 355 MILL ROAD?

355 MILL ROAD is 97m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 355 MILL ROAD lies on this distribution: 35% of detached houses are smaller than 355 MILL ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Colchester.

355 MILL ROAD: Plot and Title Map

355 MILL ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 355 MILL 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 355 MILL 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 355 MILL ROAD?

355 MILL ROAD is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 355 on MILL ROAD.