38B, TURNER ROAD, COLCHESTER, CO4 5LA - £350,000

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

38B TURNER ROAD is a small detached house of 99m², built sometime between 1996 and 2002. It was last sold for £350,000 in August 2019, which was around 21% below the average August 2019 detached price in the Colchester local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

38B TURNER ROAD Sold Prices

Land registry data shows two sales for 38B TURNER ROAD since 1^st 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 38B TURNER 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
2019 16 AUG	£350,000	£440,286	21% below HPI
2003 22 MAY	£214,000	£231,315	7% below HPI

38B TURNER 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 two 38B TURNER ROAD sales from May 2003 and August 2019 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 May 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 38B TURNER ROAD?

38B TURNER ROAD is 99m² according to the EPC inspection conducted in September 2018. 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 38B TURNER ROAD lies on this distribution: 36% of detached houses are smaller than 38B TURNER ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Colchester.

38B TURNER ROAD: Plot and Title Map

38B TURNER ROAD sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 38B TURNER 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 38B TURNER 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 38B TURNER ROAD?

38B TURNER ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 38B on TURNER ROAD.