7, COTMAN ROAD, COLCHESTER, CO3 4QL - £575,000

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

7 COTMAN ROAD is a very small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £575,000 in January 2023, which was around 9% above the average January 2023 detached price in the Colchester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

7 COTMAN ROAD Sold Prices

Land registry data shows two sales for 7 COTMAN 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. One of the two 7 COTMAN ROAD sales was for above the average price, whilst the other was 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
2023 26 JAN	£575,000	£525,879	9% above HPI
2016 30 MAR	£297,500	£373,797	20% below HPI

7 COTMAN 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 7 COTMAN ROAD sales from March 2016 and January 2023 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 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 7 COTMAN ROAD?

7 COTMAN ROAD is 82m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 7 COTMAN ROAD lies on this distribution: 16% of detached houses are smaller than 7 COTMAN ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 COTMAN ROAD: Plot and Title Map

7 COTMAN ROAD sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 7 COTMAN 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 7 COTMAN 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 7 COTMAN ROAD?

7 COTMAN ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 7 on COTMAN ROAD.