124, DERWENT ROAD, HIGHWOODS, COLCHESTER, CO4 9RU - £296,000

124 DERWENT ROAD is a small detached house of 93m², built sometime between 1983 and 1990. It was last sold for £296,000 in June 2019, which was around 31% below the average June 2019 detached price in the Colchester local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

124 DERWENT ROAD Sold Prices

Land registry data shows five sales for 124 DERWENT ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 124 DERWENT 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
2019 14 JUN	£296,000	£432,007	31% below HPI
2014 24 MAR	£219,000	£311,614	30% below HPI
2005 25 MAY	£173,000	£266,142	35% below HPI
2001 14 SEP	£113,000	£172,674	35% below HPI
1995 18 DEC	£74,250	£87,387	15% below HPI

124 DERWENT ROAD 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 five 124 DERWENT ROAD sales between December 1995 and June 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 March 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 124 DERWENT ROAD?

124 DERWENT ROAD is 93m² according to the EPC inspection conducted in January 2014. 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 124 DERWENT ROAD lies on this distribution: 31% of detached houses are smaller than 124 DERWENT ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Colchester.

124 DERWENT ROAD: Plot and Title Map

124 DERWENT ROAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 124 DERWENT 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 124 DERWENT 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 124 DERWENT ROAD?

124 DERWENT ROAD is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 124 on DERWENT ROAD.