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
37 RICHMOND ROAD is a very small detached house of 44m². It was last sold for £335,000 in May 2018, which was around 23% below the average May 2018 detached price in the Colchester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 37 RICHMOND 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. Both of the two 37 RICHMOND 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 25 MAY | £335,000 | £432,704 | 23% below HPI |
2012 30 MAR | £199,995 | £282,204 | 29% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 37 RICHMOND ROAD sales from March 2012 and May 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 March 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
37 RICHMOND ROAD is 44m² according to the EPC inspection conducted in March 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 37 RICHMOND ROAD lies on this distribution: Less than 1% of detached houses are smaller than 37 RICHMOND ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.
37 RICHMOND ROAD sits on a plot of roughly 0.041 of an acre, or 168m². The below map shows the location of 37 RICHMOND 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 37 RICHMOND 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.
37 RICHMOND ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 37 on RICHMOND ROAD.