42, SCHOOL ROAD, COPFORD, COLCHESTER, CO6 1BU - £290,000

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

42 SCHOOL ROAD is a very small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £290,000 in May 2018, which was around 33% below the average May 2018 detached price in the Colchester local authority area. The most recent EPC inspection was July 2016, where the current energy rating was F, and the potential energy rating was A.

42 SCHOOL ROAD Sold Prices

Land registry data shows three sales for 42 SCHOOL ROAD since 1^st 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 42 SCHOOL 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
2018 3 MAY	£290,000	£432,704	33% below HPI
2003 16 APR	£157,500	£228,017	31% below HPI
2002 29 OCT	£155,000	£218,214	29% below HPI

42 SCHOOL 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 three 42 SCHOOL ROAD sales between October 2002 and May 2018 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 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 42 SCHOOL ROAD?

42 SCHOOL ROAD is 83m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Copford, based on EPC data. The below chart shows the distribution of detached houses by size in Copford, and where 42 SCHOOL ROAD lies on this distribution: 3% of detached houses are smaller than 42 SCHOOL ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Copford.

42 SCHOOL ROAD: Plot and Title Map

42 SCHOOL ROAD sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 42 SCHOOL 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 42 SCHOOL 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 42 SCHOOL ROAD?

42 SCHOOL ROAD is located in COPFORD, in the CO6 postcode district. The below map shows the position of No. 42 on SCHOOL ROAD.