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
383 MILL ROAD is a large detached house of 135m², built sometime between 1991 and 1995. It was last sold for £273,000 in August 2010, which was around 4% below the average August 2010 detached price in the Colchester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 383 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. Two of the three 383 MILL ROAD sales were for below the average price, whilst one 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 |
---|---|---|---|
2010 3 AUG | £273,000 | £284,644 | 4% below HPI |
2003 19 DEC | £230,000 | £240,695 | 4% below HPI |
1997 14 AUG | £109,950 | £99,515 | 10% 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 383 MILL ROAD sales between August 1997 and August 2010 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 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2010 sale, which was also at 4% below the HPI.
383 MILL ROAD is 135m² according to the EPC inspection conducted in March 2009. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 383 MILL ROAD lies on this distribution: 71% of detached houses are smaller than 383 MILL ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Colchester.
383 MILL ROAD sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 383 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 383 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.
383 MILL ROAD is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 383 on MILL ROAD.