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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 PRESIDENT ROAD is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £413,189. 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	£443,667	18% below HPI
2010 21 OCT	£222,000	£290,410	24% below HPI
1996 24 OCT	£80,000	£91,187	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 24% below the HPI. So the extrapolation line tracks at 24% 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.

What might 6 PRESIDENT ROAD be worth now?

6 PRESIDENT ROAD might now be worth an estimated £413,189.

This is based on house price inflation of 13.2%, between June 2021 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.2% inflationary increase is applied to the most recent sale price for 6 PRESIDENT ROAD of £365,000 on 28th June 2021. For the value to have increased from £365,000 to £413,189 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 6 PRESIDENT ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PRESIDENT ROAD has not materially changed since June 2021.

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 houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 6 PRESIDENT ROAD lies on this distribution: 9% of detached houses 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.