8, HESPER ROAD, COLCHESTER, CO2 8JS - £295,000

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

8 HESPER ROAD is a midsized detached house of 115m², built sometime between 2003 and 2006. It was last sold for £295,000 in October 2019, which was around 32% below the average October 2019 detached price in the Colchester local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

8 HESPER ROAD Sold Prices

Land registry data shows three sales for 8 HESPER 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 8 HESPER 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
2019 1 OCT	£295,000	£431,930	32% below HPI
2006 29 SEP	£210,000	£283,645	26% below HPI
2002 27 SEP	£179,995	£215,184	16% below HPI

8 HESPER 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 8 HESPER ROAD sales between September 2002 and October 2019 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 September 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 HESPER ROAD?

8 HESPER ROAD is 115m² according to the EPC inspection conducted in February 2022. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 8 HESPER ROAD lies on this distribution: 54% of detached houses are smaller than 8 HESPER ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 HESPER ROAD: Plot and Title Map

8 HESPER ROAD sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 8 HESPER 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 8 HESPER 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 8 HESPER ROAD?

8 HESPER ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 8 on HESPER ROAD.