56, GUILDFORD ROAD, COLCHESTER, CO1 2RZ - £460,000

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

56 GUILDFORD ROAD is a midsized detached house of 105m², built sometime between 1983 and 1990. It was last sold for £460,000 in April 2022, which was around 6% below the average April 2022 detached price in the Colchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

56 GUILDFORD ROAD Sold Prices

Land registry data shows two sales for 56 GUILDFORD 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 GUILDFORD 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
2022 14 APR	£460,000	£490,610	6% below HPI
2020 6 OCT	£365,000	£449,794	19% below HPI

56 GUILDFORD 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 GUILDFORD ROAD sales from October 2020 and April 2022 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 2020 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 56 GUILDFORD ROAD?

56 GUILDFORD ROAD is 105m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% 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 GUILDFORD ROAD lies on this distribution: 43% of detached houses are smaller than 56 GUILDFORD ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Colchester.

56 GUILDFORD ROAD: Plot and Title Map

56 GUILDFORD ROAD sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 56 GUILDFORD 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 GUILDFORD 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 GUILDFORD ROAD?

56 GUILDFORD ROAD is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 56 on GUILDFORD ROAD.