97, DERWENT ROAD, HIGHWOODS, COLCHESTER, CO4 9RL - £195,000

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

97 DERWENT ROAD is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £195,000 in January 2007, which was around 34% below the average January 2007 detached price in the Colchester local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

97 DERWENT ROAD Sold Prices

Land registry data shows two sales for 97 DERWENT 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. Both of the two 97 DERWENT 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
2007 19 JAN	£195,000	£294,293	34% below HPI
1997 17 OCT	£84,000	£99,892	16% below HPI

97 DERWENT 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 97 DERWENT ROAD sales from October 1997 and January 2007 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 October 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2007 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 97 DERWENT ROAD?

97 DERWENT ROAD is 84m², which includes one extension, according to the EPC inspection conducted in February 2023. 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 97 DERWENT ROAD lies on this distribution: 18% of detached houses are smaller than 97 DERWENT ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Colchester.

97 DERWENT ROAD: Plot and Title Map

97 DERWENT ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 97 DERWENT 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 97 DERWENT 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 97 DERWENT ROAD?

97 DERWENT ROAD is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 97 on DERWENT ROAD.