6, PRESIDENT ROAD, COLCHESTER, CO3 9ED - £365,000

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

6 PRESIDENT ROAD is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £365,000 in June 2021, which was around 18% below the average June 2021 detached price in the Colchester local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

6 PRESIDENT ROAD Sold Prices

Land registry data shows three sales for 6 PRESIDENT 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 6 PRESIDENT 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
2021 28 JUN	£365,000	£442,452	18% below HPI
2010 21 OCT	£222,000	£289,614	23% below HPI
1996 24 OCT	£80,000	£90,937	12% below HPI

6 PRESIDENT 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 6 PRESIDENT ROAD sales between October 1996 and June 2021 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 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 6 PRESIDENT ROAD?

6 PRESIDENT ROAD is 75m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 6 PRESIDENT ROAD lies on this distribution: 9% of detached houses are smaller than 6 PRESIDENT ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Colchester.

6 PRESIDENT ROAD: Plot and Title Map

6 PRESIDENT ROAD sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 6 PRESIDENT 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 6 PRESIDENT 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 6 PRESIDENT ROAD?

6 PRESIDENT ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 6 on PRESIDENT ROAD.