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
453 IPSWICH ROAD is a large extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £455,000 in November 2023, which was around 9% below the average November 2023 detached price in the Colchester local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 453 IPSWICH ROAD since 1st 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 453 IPSWICH ROAD sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2023 23 NOV | £455,000 | £501,864 | 9% below HPI |
2005 30 JUN | £271,000 | £267,383 | 1% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 453 IPSWICH ROAD sales from June 2005 and November 2023 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 June 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
453 IPSWICH ROAD is 131m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 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 453 IPSWICH ROAD lies on this distribution: 69% of detached houses are smaller than 453 IPSWICH ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Colchester.
453 IPSWICH ROAD sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 453 IPSWICH 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 453 IPSWICH 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.
453 IPSWICH ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 453 on IPSWICH ROAD.