370, OLD HEATH ROAD, COLCHESTER, CO2 8DD - £350,000

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

370 OLD HEATH ROAD is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £350,000 in May 2022, which was around 30% below the average May 2022 detached price in the Colchester local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

370 OLD HEATH ROAD Sold Prices

Land registry data shows four sales for 370 OLD HEATH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 370 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
2022 4 MAY	£350,000	£496,658	30% below HPI
2012 6 DEC	£195,000	£290,154	33% below HPI
2012 18 MAY	£152,000	£281,618	46% below HPI
2009 24 NOV	£161,000	£269,579	40% below HPI

370 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 four 370 OLD HEATH ROAD sales between November 2009 and May 2022 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 December 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 370 OLD HEATH ROAD?

370 OLD HEATH ROAD is 67m² according to the EPC inspection conducted in June 2012. 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 370 OLD HEATH ROAD lies on this distribution: 5% of detached houses are smaller than 370 OLD HEATH ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Colchester.

370 OLD HEATH ROAD: Plot and Title Map

370 OLD HEATH ROAD sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 370 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 370 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 370 OLD HEATH ROAD?

370 OLD HEATH ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 370 on OLD HEATH ROAD.