41, GAINSBOROUGH ROAD, COLCHESTER, CO3 4QW - £280,000

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

41 GAINSBOROUGH ROAD is a large extended detached house of 148m², built sometime between 1967 and 1975. It was last sold for £280,000 in August 2008, which was around 1% above the average August 2008 detached price in the Colchester local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

41 GAINSBOROUGH ROAD Sold Prices

Land registry data shows two sales for 41 GAINSBOROUGH 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. One of the two 41 GAINSBOROUGH ROAD sales was for above the average price, whilst the other was 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
2008 20 AUG	£280,000	£277,838	1% above HPI
2002 26 APR	£160,000	£183,296	13% below HPI

41 GAINSBOROUGH 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 41 GAINSBOROUGH ROAD sales from April 2002 and August 2008 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 April 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2008 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 41 GAINSBOROUGH ROAD?

41 GAINSBOROUGH ROAD is 148m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 41 GAINSBOROUGH ROAD lies on this distribution: 79% of detached houses are smaller than 41 GAINSBOROUGH ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Colchester.

41 GAINSBOROUGH ROAD: Plot and Title Map

41 GAINSBOROUGH ROAD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 41 GAINSBOROUGH 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 41 GAINSBOROUGH 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 41 GAINSBOROUGH ROAD?

41 GAINSBOROUGH ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 41 on GAINSBOROUGH ROAD.