THE GROOMS, VICTORIA ROAD, COLCHESTER, CO3 3NT - £412,500

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

THE GROOMS is a large extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £412,500 in August 2009, which was around 59% above the average August 2009 detached price in the Colchester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

THE GROOMS Sold Prices

Land registry data shows two sales for THE GROOMS 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 THE GROOMS 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
2009 3 AUG	£412,500	£259,659	59% above HPI
2005 12 SEP	£355,000	£267,937	32% above HPI

THE GROOMS 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 THE GROOMS sales from September 2005 and August 2009 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 2005 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2009 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is THE GROOMS?

THE GROOMS is 128m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the largest 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 THE GROOMS lies on this distribution: 67% of detached houses are smaller than THE GROOMS, and 33% of houses are larger. Note that EPC data is not available for all properties in Colchester.

THE GROOMS: Plot and Title Map

THE GROOMS sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of THE GROOMS, 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 THE GROOMS). 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 THE GROOMS?

THE GROOMS is located on VICTORIA ROAD in COLCHESTER, in the CO3 postcode district. The below map shows the position of THE GROOMS on VICTORIA ROAD.