481, IPSWICH ROAD, COLCHESTER, CO4 0HQ - £600,000

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

481 IPSWICH ROAD is a very large extended detached house of 218m², built sometime between 1930 and 1949. It was last sold for £600,000 in September 2021, which was around 30% above the average September 2021 detached price in the Colchester local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

481 IPSWICH ROAD Sold Prices

Land registry data shows three sales for 481 IPSWICH 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 481 IPSWICH ROAD sales were 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
2021 14 SEP	£600,000	£462,560	30% above HPI
2010 1 APR	£295,000	£283,357	4% above HPI
2004 13 FEB	£295,000	£247,816	19% above HPI

481 IPSWICH 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 481 IPSWICH ROAD sales between February 2004 and September 2021 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 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 481 IPSWICH ROAD?

481 IPSWICH ROAD is 218m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 481 IPSWICH ROAD lies on this distribution: 96% of detached houses are smaller than 481 IPSWICH ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Colchester.

481 IPSWICH ROAD: Plot and Title Map

481 IPSWICH ROAD sits on a plot of roughly 0.237 of an acre, or 960m². The below map shows the location of 481 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 481 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.

Where is 481 IPSWICH ROAD?

481 IPSWICH ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 481 on IPSWICH ROAD.