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
7A CAMBRIDGE ROAD is a very large detached house of 173m². It was last sold for £895,000 in November 2021, which was around 86% above the average November 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 7A CAMBRIDGE 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. Two of the three 7A CAMBRIDGE ROAD sales were for above the average price, whilst one 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 |
---|---|---|---|
2021 11 NOV | £895,000 | £480,492 | 86% above HPI |
2017 11 AUG | £735,000 | £428,227 | 72% above HPI |
2017 12 JUN | £310,000 | £422,755 | 27% 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 7A CAMBRIDGE ROAD sales between June 2017 and November 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 2017 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the November 2021 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.
7A CAMBRIDGE ROAD is 173m² according to the EPC inspection conducted in July 2017. This puts it in the largest 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 7A CAMBRIDGE ROAD lies on this distribution: 89% of detached houses are smaller than 7A CAMBRIDGE ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Colchester.
7A CAMBRIDGE ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 7A CAMBRIDGE 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 7A CAMBRIDGE 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.
7A CAMBRIDGE ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 7A on CAMBRIDGE ROAD.