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
369 MILL ROAD is a small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £228,000 in August 2006, which was around 19% below the average August 2006 detached price in the Colchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 369 MILL ROAD since 1st 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. One of the two 369 MILL ROAD sales was for below the average price, whilst the other was 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 16 AUG | £228,000 | £282,194 | 19% below HPI |
1996 16 AUG | £91,450 | £90,909 | 1% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 369 MILL ROAD sales from August 1996 and August 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 August 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2006 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
369 MILL ROAD is 101m², which includes one extension, according to the EPC inspection conducted in March 2022. 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 369 MILL ROAD lies on this distribution: 38% of detached houses are smaller than 369 MILL ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Colchester.
369 MILL ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 369 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 369 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.
369 MILL ROAD is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 369 on MILL ROAD.