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
63 LONDON ROAD is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £226,000 in November 2014, which was around 32% below the average November 2014 detached price in the Colchester local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 63 LONDON ROAD since 1st 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 63 LONDON 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 |
---|---|---|---|
2014 12 NOV | £226,000 | £334,632 | 32% below HPI |
2007 12 MAR | £162,500 | £292,927 | 45% below HPI |
1999 22 OCT | £76,000 | £125,966 | 40% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 63 LONDON ROAD sales between October 1999 and November 2014 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 March 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2014 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.
63 LONDON ROAD is 85m² according to the EPC inspection conducted in June 2021. 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 63 LONDON ROAD lies on this distribution: 20% of detached houses are smaller than 63 LONDON ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Colchester.
63 LONDON ROAD sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 63 LONDON 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 63 LONDON 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.
63 LONDON ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 63 on LONDON ROAD.