56, GILBERD ROAD, COLCHESTER, CO2 7LR - £242,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

56 GILBERD ROAD is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £242,500 in April 2015, which was around 30% below the average April 2015 detached price in the Colchester local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

56 GILBERD ROAD Sold Prices

Land registry data shows two sales for 56 GILBERD 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 56 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
2015 7 APR	£242,500	£345,478	30% below HPI
1996 19 DEC	£62,500	£91,325	32% below HPI

56 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 two 56 GILBERD ROAD sales from December 1996 and April 2015 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 December 1996 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 56 GILBERD ROAD?

56 GILBERD ROAD is 79m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 56 GILBERD ROAD lies on this distribution: 13% of detached houses are smaller than 56 GILBERD ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Colchester.

56 GILBERD ROAD: Plot and Title Map

56 GILBERD ROAD sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 56 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 56 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 56 GILBERD ROAD?

56 GILBERD ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 56 on GILBERD ROAD.