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
LAYCO COTTAGE is a small detached house of 93m². 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.
Land registry data shows three sales for LAYCO COTTAGE 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 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 | £433,555 | 40% below HPI |
2018 20 DEC | £257,500 | £438,989 | 41% below HPI |
2017 17 JAN | £250,000 | £408,341 | 39% 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 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 41% below the HPI. So the extrapolation line tracks at 41% 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.
LAYCO COTTAGE is 93m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where LAYCO COTTAGE lies on this distribution: 31% of detached 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 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.
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.