50, LAYER ROAD, COLCHESTER, CO2 7JH - £310,000

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

50 LAYER ROAD is a large extended detached house of 123m², built sometime between 1930 and 1949. It was last sold for £310,000 in June 2016, which was around 20% below the average June 2016 detached price in the Colchester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

50 LAYER ROAD Sold Prices

Land registry data shows three sales for 50 LAYER 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 50 LAYER 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
2016 20 JUN	£310,000	£387,332	20% below HPI
2006 26 MAY	£195,000	£279,792	30% below HPI
1995 3 JUL	£65,000	£89,895	28% below HPI

50 LAYER 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 50 LAYER ROAD sales between July 1995 and June 2016 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 May 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 50 LAYER ROAD?

50 LAYER ROAD is 123m², which includes one extension, according to the EPC inspection conducted in March 2016. 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 50 LAYER ROAD lies on this distribution: 62% of detached houses are smaller than 50 LAYER ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Colchester.

50 LAYER ROAD: Plot and Title Map

50 LAYER ROAD sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 50 LAYER 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 50 LAYER 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 50 LAYER ROAD?

50 LAYER ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 50 on LAYER ROAD.