48, WINCHESTER ROAD, COLCHESTER, CO2 7LH - £217,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 WINCHESTER ROAD is a midsized detached house of 110m², built sometime between 1976 and 1982, which could now be worth an estimated £239,467. It was last sold for £217,500 in November 2020, which was around 52% below the average November 2020 detached price in the Colchester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

48 WINCHESTER ROAD Sold Prices

Land registry data shows three sales for 48 WINCHESTER 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 48 WINCHESTER 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
2020 19 NOV	£217,500	£456,169	52% below HPI
2020 18 NOV	£220,000	£456,169	52% below HPI
2009 20 OCT	£142,500	£267,688	47% below HPI

48 WINCHESTER 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 WINCHESTER ROAD sales between October 2009 and November 2020 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 November 2020 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the November 2020 sale, which was also at 52% below the HPI.

What might 48 WINCHESTER ROAD be worth now?

48 WINCHESTER ROAD might now be worth an estimated £239,467.

This is based on house price inflation of 10.1%, between November 2020 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.1% inflationary increase is applied to the most recent sale price for 48 WINCHESTER ROAD of £217,500 on 19th November 2020. For the value to have increased from £217,500 to £239,467 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 48 WINCHESTER ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2020 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 48 WINCHESTER ROAD has not materially changed since November 2020.

How Large is 48 WINCHESTER ROAD?

48 WINCHESTER ROAD is 110m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 48 WINCHESTER ROAD lies on this distribution: 48% of detached houses houses are smaller than 48 WINCHESTER ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Colchester.

48 WINCHESTER ROAD: Plot and Title Map

48 WINCHESTER ROAD sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 48 WINCHESTER 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 WINCHESTER 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 WINCHESTER ROAD?

48 WINCHESTER ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 48 on WINCHESTER ROAD.