15, GAINSBOROUGH ROAD, COLCHESTER, CO3 4QN - £349,995

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.

15 GAINSBOROUGH ROAD is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £412,964. It was last sold for £349,995 in June 2017, which was around 17% below the average June 2017 detached price in the Colchester local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

15 GAINSBOROUGH ROAD Sold Prices

Land registry data shows two sales for 15 GAINSBOROUGH 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 Colchester local authority area for the corresponding sale date. Both of the two 15 GAINSBOROUGH 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
2017 23 JUN	£349,995	£423,916	17% below HPI
2013 30 JAN	£204,000	£290,614	30% below HPI

15 GAINSBOROUGH 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 two 15 GAINSBOROUGH ROAD sales from January 2013 and June 2017 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 January 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2017 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 15 GAINSBOROUGH ROAD be worth now?

15 GAINSBOROUGH ROAD might now be worth an estimated £412,964.

This is based on house price inflation of 18%, between June 2017 and October 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 18% inflationary increase is applied to the most recent sale price for 15 GAINSBOROUGH ROAD of £349,995 on 23rd June 2017. For the value to have increased from £349,995 to £412,964 over the seven years and eight months to October 2025, the following assumptions must hold true:

• The value of 15 GAINSBOROUGH ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2017 sale price of £349,995 represented a fair market value for the property.
• The size, condition, and specification of 15 GAINSBOROUGH ROAD has not materially changed since June 2017.

How Large is 15 GAINSBOROUGH ROAD?

15 GAINSBOROUGH ROAD is 65m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% 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 15 GAINSBOROUGH ROAD lies on this distribution: 4% of detached houses houses are smaller than 15 GAINSBOROUGH ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Colchester.

15 GAINSBOROUGH ROAD: Plot and Title Map

15 GAINSBOROUGH ROAD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 15 GAINSBOROUGH 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 15 GAINSBOROUGH 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 15 GAINSBOROUGH ROAD?

15 GAINSBOROUGH ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 15 on GAINSBOROUGH ROAD.