12, COLCHESTER ROAD, BURES, CO8 5AE - £465,000

12 COLCHESTER ROAD is a midsized detached house of 118m², built sometime between 1967 and 1975. It was last sold for £465,000 in August 2018, which was around 1% below the average August 2018 detached price in the Braintree local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

12 COLCHESTER ROAD Sold Prices

Land registry data shows two sales for 12 COLCHESTER 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 Braintree local authority area for the corresponding sale date. Both of the two 12 COLCHESTER 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
2018 24 AUG	£465,000	£471,011	1% below HPI
2008 11 NOV	£270,000	£304,782	11% below HPI

12 COLCHESTER ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 12 COLCHESTER ROAD sales from November 2008 and August 2018 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 November 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2018 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 12 COLCHESTER ROAD?

12 COLCHESTER ROAD is 118m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in Bures, based on EPC data. The below chart shows the distribution of detached houses by size in Bures, and where 12 COLCHESTER ROAD lies on this distribution: 48% of detached houses are smaller than 12 COLCHESTER ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Bures.

12 COLCHESTER ROAD: Plot and Title Map

12 COLCHESTER ROAD sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 12 COLCHESTER 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 12 COLCHESTER 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 12 COLCHESTER ROAD?

12 COLCHESTER ROAD is located in BURES, in the CO8 postcode district. The below map shows the position of No. 12 on COLCHESTER ROAD.