7, LAYER ROAD, ABBERTON, COLCHESTER, CO5 7NH - £345,000

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 LAYER ROAD is a very small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £345,000 in September 2021, which was around 25% below the average September 2021 detached price in the Colchester local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

7 LAYER ROAD Sold Prices

Land registry data shows three sales for 7 LAYER 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 7 LAYER 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 16 SEP	£345,000	£462,560	25% below HPI
2019 19 AUG	£285,000	£440,286	35% below HPI
2005 22 NOV	£215,000	£268,424	20% below HPI

7 LAYER 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 7 LAYER ROAD sales between November 2005 and September 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 August 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 LAYER ROAD?

7 LAYER ROAD is 84m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in Abberton, based on EPC data. The below chart shows the distribution of detached houses by size in Abberton, and where 7 LAYER ROAD lies on this distribution: 14% of detached houses are smaller than 7 LAYER ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Abberton.

7 LAYER ROAD: Plot and Title Map

7 LAYER ROAD sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 7 LAYER 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 LAYER 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 LAYER ROAD?

7 LAYER ROAD is located in ABBERTON, in the CO5 postcode district. The below map shows the position of No. 7 on LAYER ROAD.