LAYCO COTTAGE, 46, HAZELTON ROAD, COLCHESTER, CO4 3DS - £259,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LAYCO COTTAGE is a small detached house of 93m², which could now be worth an estimated £300,308. It was last sold for £259,950 in March 2019, which was around 40% below the average March 2019 detached price in the Colchester local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

LAYCO COTTAGE Sold Prices

Land registry data shows three sales for LAYCO COTTAGE 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 LAYCO COTTAGE 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 29 MAR	£259,950	£434,747	40% below HPI
2018 20 DEC	£257,500	£440,195	42% below HPI
2017 17 JAN	£250,000	£409,463	39% below HPI

LAYCO COTTAGE 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 LAYCO COTTAGE sales between January 2017 and March 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 December 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2019 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might LAYCO COTTAGE be worth now?

LAYCO COTTAGE might now be worth an estimated £300,308.

This is based on house price inflation of 15.5%, between March 2019 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.5% inflationary increase is applied to the most recent sale price for LAYCO COTTAGE of £259,950 on 29th March 2019. For the value to have increased from £259,950 to £300,308 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of LAYCO COTTAGE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The March 2019 sale price of £259,950 represented a fair market value for the property.
• The size, condition, and specification of LAYCO COTTAGE has not materially changed since March 2019.

How Large is LAYCO COTTAGE?

LAYCO COTTAGE is 93m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where LAYCO COTTAGE lies on this distribution: 31% of detached houses houses are smaller than LAYCO COTTAGE, and 69% of houses are larger. Note that EPC data is not available for all properties in Colchester.

LAYCO COTTAGE: Plot and Title Map

LAYCO COTTAGE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of LAYCO COTTAGE, 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 LAYCO COTTAGE). 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 LAYCO COTTAGE?

LAYCO COTTAGE is located on HAZELTON ROAD in COLCHESTER, in the CO4 postcode district. The below map shows the position of LAYCO COTTAGE on HAZELTON ROAD.