16, HOMEFIELD ROAD, COLCHESTER, CO2 9PG - £140,000

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.

16 HOMEFIELD ROAD is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £268,944. It was last sold for £140,000 in August 2009, which was around 46% below the average August 2009 detached price in the Colchester local authority area. The most recent EPC inspection was March 2008, where the current energy rating was C, and the potential energy rating was C.

16 HOMEFIELD ROAD Sold Prices

Land registry data shows three sales for 16 HOMEFIELD ROAD since 1^st 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 16 HOMEFIELD 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
2009 13 AUG	£140,000	£260,373	46% below HPI
2006 15 SEP	£142,000	£284,424	50% below HPI
2001 25 JUL	£71,000	£163,793	57% below HPI

16 HOMEFIELD 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 three 16 HOMEFIELD ROAD sales between July 2001 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 2006 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2009 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 16 HOMEFIELD ROAD be worth now?

16 HOMEFIELD ROAD might now be worth an estimated £268,944.

This is based on house price inflation of 92.1%, between August 2009 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 92.1% inflationary increase is applied to the most recent sale price for 16 HOMEFIELD ROAD of £140,000 on 13th August 2009. For the value to have increased from £140,000 to £268,944 over the fifteen years and ten months to October 2025, the following assumptions must hold true:

• The value of 16 HOMEFIELD ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2009 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HOMEFIELD ROAD has not materially changed since August 2009.

How Large is 16 HOMEFIELD ROAD?

16 HOMEFIELD ROAD is 69m² according to the EPC inspection conducted in March 2008. 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 16 HOMEFIELD ROAD lies on this distribution: 6% of detached houses houses are smaller than 16 HOMEFIELD ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 HOMEFIELD ROAD: Plot and Title Map

16 HOMEFIELD ROAD sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 16 HOMEFIELD 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 16 HOMEFIELD 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 16 HOMEFIELD ROAD?

16 HOMEFIELD ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 16 on HOMEFIELD ROAD.