53, ROUSE WAY, COLCHESTER, CO1 2TT - £400,000

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

53 ROUSE WAY is a large detached house of 133m², built sometime between 2003 and 2006. It was last sold for £400,000 in May 2019, which was around 7% below the average May 2019 detached price in the Colchester local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

53 ROUSE WAY Sold Prices

Land registry data shows four sales for 53 ROUSE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Most of the four 53 ROUSE WAY 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
2019 24 MAY	£400,000	£429,757	7% below HPI
2009 18 SEP	£280,000	£266,341	5% above HPI
2009 1 SEP	£275,000	£266,341	3% above HPI
2005 27 JUN	£334,950	£267,383	25% above HPI

53 ROUSE WAY 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 four 53 ROUSE WAY sales between June 2005 and May 2019 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 September 2009 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 53 ROUSE WAY?

53 ROUSE WAY is 133m² according to the EPC inspection conducted in April 2009. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 53 ROUSE WAY lies on this distribution: 71% of detached houses are smaller than 53 ROUSE WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Colchester.

53 ROUSE WAY: Plot and Title Map

53 ROUSE WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 53 ROUSE WAY, 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 53 ROUSE WAY). 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 53 ROUSE WAY?

53 ROUSE WAY is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 53 on ROUSE WAY.