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
41A CASTLE ROAD is a midsized extended detached house of 114m², built sometime between 1996 and 2002. It was last sold for £430,000 in October 2016, which was around 5% above the average October 2016 detached price in the Colchester local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 41A CASTLE 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. All of the three 41A CASTLE ROAD sales were 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 |
---|---|---|---|
2016 26 OCT | £430,000 | £410,677 | 5% above HPI |
2003 14 JUL | £360,000 | £236,514 | 52% above HPI |
1995 4 APR | £107,000 | £90,858 | 18% 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 41A CASTLE ROAD sales between April 1995 and October 2016 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 July 2003 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the October 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.
41A CASTLE ROAD is 114m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 41A CASTLE ROAD lies on this distribution: 53% of detached houses are smaller than 41A CASTLE ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Colchester.
41A CASTLE ROAD sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 41A CASTLE 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 41A CASTLE 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.
41A CASTLE ROAD is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 41A on CASTLE ROAD.