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 LONDON ROAD is a very large detached house of 275m², built sometime before 1900. It was last sold for £780,000 in March 2021, which was around 78% above the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 97 LONDON 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. All of the three 97 LONDON ROAD sales were for above 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 22 MAR | £780,000 | £438,624 | 78% above HPI |
2016 11 JUL | £690,000 | £389,996 | 77% above HPI |
2002 15 MAY | £250,000 | £187,592 | 33% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 97 LONDON ROAD sales between May 2002 and March 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 July 2016 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the March 2021 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.
97 LONDON ROAD is 275m² according to the EPC inspection conducted in April 2013. This puts it in the largest 10% 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 LONDON ROAD lies on this distribution: 99% of detached houses are smaller than 97 LONDON ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Colchester.
97 LONDON ROAD sits on a plot of roughly 0.374 of an acre, or 1,512m². The below map shows the location of 97 LONDON 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 LONDON 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.
97 LONDON ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 97 on LONDON ROAD.