48A, GILBERD ROAD, COLCHESTER, CO2 7LR - £280,000

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

48A GILBERD ROAD is a very small detached house of 57m², built sometime between 1991 and 1995. It was last sold for £280,000 in June 2023, which was around 44% below the average June 2023 detached price in the Colchester local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

48A GILBERD ROAD Sold Prices

Land registry data shows three sales for 48A GILBERD 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 48A GILBERD 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
2023 29 JUN	£280,000	£503,924	44% below HPI
2018 19 NOV	£250,000	£437,007	43% below HPI
2004 8 JUL	£155,000	£259,039	40% below HPI

48A GILBERD 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 48A GILBERD ROAD sales between July 2004 and June 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 November 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2023 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 48A GILBERD ROAD?

48A GILBERD ROAD is 57m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 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 48A GILBERD ROAD lies on this distribution: 2% of detached houses are smaller than 48A GILBERD ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Colchester.

48A GILBERD ROAD: Plot and Title Map

48A GILBERD ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 48A GILBERD 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 48A GILBERD 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 48A GILBERD ROAD?

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