43, GAINSBOROUGH ROAD, COLCHESTER, CO3 4QW - £427,000

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

43 GAINSBOROUGH ROAD is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £427,000 in May 2024, which was around 14% below the average May 2024 detached price in the Colchester local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

43 GAINSBOROUGH ROAD Sold Prices

Land registry data shows three sales for 43 GAINSBOROUGH 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 43 GAINSBOROUGH 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
2024 17 MAY	£427,000	£496,549	14% below HPI
2021 21 APR	£395,000	£436,072	9% below HPI
2013 22 MAY	£250,000	£290,038	14% below HPI

43 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 three 43 GAINSBOROUGH ROAD sales between May 2013 and May 2024 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 2021 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 43 GAINSBOROUGH ROAD?

43 GAINSBOROUGH ROAD is 115m², which includes two extensions, according to the EPC inspection conducted in March 2024. 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 43 GAINSBOROUGH ROAD lies on this distribution: 54% of detached houses are smaller than 43 GAINSBOROUGH ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Colchester.

43 GAINSBOROUGH ROAD: Plot and Title Map

43 GAINSBOROUGH ROAD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 43 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 43 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 43 GAINSBOROUGH ROAD?

43 GAINSBOROUGH ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 43 on GAINSBOROUGH ROAD.