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
63A LONDON ROAD is a large extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £285,000 in March 2016, which was around 24% below the average March 2016 detached price in the Colchester local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 63A 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 63A 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 |
---|---|---|---|
2016 8 MAR | £285,000 | £373,797 | 24% below HPI |
2008 25 JAN | £250,000 | £310,128 | 19% below HPI |
2001 30 JAN | £124,500 | £150,591 | 17% 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 63A LONDON ROAD sales between January 2001 and March 2016 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 January 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
63A LONDON ROAD is 123m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 63A LONDON ROAD lies on this distribution: 62% of detached houses are smaller than 63A LONDON ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Colchester.
63A LONDON ROAD sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 63A 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 63A 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.
63A LONDON ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 63A on LONDON ROAD.