54A, GAINSBOROUGH ROAD, COLCHESTER, CO3 4QW - £320,000

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

54A GAINSBOROUGH ROAD is a large detached house of 144m², built sometime between 1950 and 1966. It was last sold for £320,000 in November 2009, which was around 19% above the average November 2009 detached price in the Colchester local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

54A GAINSBOROUGH ROAD Sold Prices

Land registry data shows two sales for 54A GAINSBOROUGH 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 54A GAINSBOROUGH 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
2009 26 NOV	£320,000	£269,579	19% above HPI
2007 28 FEB	£370,000	£294,497	26% above HPI

54A GAINSBOROUGH 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 54A GAINSBOROUGH ROAD sales from February 2007 and November 2009 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 February 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2009 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 54A GAINSBOROUGH ROAD?

54A GAINSBOROUGH ROAD is 144m² 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 54A GAINSBOROUGH ROAD lies on this distribution: 77% of detached houses are smaller than 54A GAINSBOROUGH ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Colchester.

54A GAINSBOROUGH ROAD: Plot and Title Map

54A GAINSBOROUGH ROAD sits on a plot of roughly 0.215 of an acre, or 868m². The below map shows the location of 54A GAINSBOROUGH 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 54A GAINSBOROUGH 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 54A GAINSBOROUGH ROAD?

54A GAINSBOROUGH ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 54A on GAINSBOROUGH ROAD.