48, CASTLE ROAD, COLCHESTER, CO1 1UN - £420,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 CASTLE ROAD is a midsized extended detached house of 107m², built sometime before 1900. It was last sold for £420,000 in December 2017, which was around 3% below the average December 2017 detached price in the Colchester local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was E.

48 CASTLE ROAD Sold Prices

Land registry data shows three sales for 48 CASTLE 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. The three 48 CASTLE ROAD sales were a mix of below the average price, roughly equal to the average price, and 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
2017 18 DEC	£420,000	£435,048	3% below HPI
2009 15 DEC	£270,000	£271,025	Close to HPI
2003 18 JUL	£248,000	£236,514	5% above HPI

48 CASTLE 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 48 CASTLE ROAD sales between July 2003 and December 2017 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 December 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 48 CASTLE ROAD?

48 CASTLE ROAD is 107m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the smallest 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 48 CASTLE ROAD lies on this distribution: 46% of detached houses are smaller than 48 CASTLE ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Colchester.

48 CASTLE ROAD: Plot and Title Map

48 CASTLE ROAD sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 48 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 48 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.

Where is 48 CASTLE ROAD?

48 CASTLE ROAD is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 48 on CASTLE ROAD.