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
359 MILL ROAD is a large extended detached house of 122m², built sometime between 1996 and 2002. It was last sold for £249,995 in September 2006, which was around 12% below the average September 2006 detached price in the Colchester local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 359 MILL ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. One of the three 359 MILL ROAD sales was for below the average price, whilst two were for above 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 |
---|---|---|---|
2006 8 SEP | £249,995 | £283,645 | 12% below HPI |
1999 1 MAR | £114,995 | £113,900 | 1% above HPI |
1996 22 NOV | £108,450 | £92,053 | 18% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 359 MILL ROAD sales between November 1996 and September 2006 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 March 1999 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2006 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
359 MILL ROAD is 122m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 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 359 MILL ROAD lies on this distribution: 61% of detached houses are smaller than 359 MILL ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Colchester.
359 MILL ROAD sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 359 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 359 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.
359 MILL ROAD is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 359 on MILL ROAD.