495, IPSWICH ROAD, COLCHESTER, CO4 9HD - £425,000

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

495 IPSWICH ROAD is a large extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £425,000 in March 2023, which was around 19% below the average March 2023 detached price in the Colchester local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

495 IPSWICH ROAD Sold Prices

Land registry data shows two sales for 495 IPSWICH ROAD since 1^st 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. Both of the two 495 IPSWICH 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 24 MAR	£425,000	£524,602	19% below HPI
2002 4 OCT	£175,000	£218,214	20% below HPI

495 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 two 495 IPSWICH ROAD sales from October 2002 and March 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 October 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 495 IPSWICH ROAD?

495 IPSWICH ROAD is 131m², which includes two extensions, according to the EPC inspection conducted in September 2022. 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 495 IPSWICH ROAD lies on this distribution: 69% of detached houses are smaller than 495 IPSWICH ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Colchester.

495 IPSWICH ROAD: Plot and Title Map

495 IPSWICH ROAD sits on a plot of roughly 0.112 of an acre, or 451m². The below map shows the location of 495 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 495 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 495 IPSWICH ROAD?

495 IPSWICH ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 495 on IPSWICH ROAD.