16, PARK ROAD, COLCHESTER, CO3 3UL - £795,000

16 PARK ROAD is a very large detached house of 237m², built sometime between 1930 and 1949. It was last sold for £795,000 in October 2018, which was around 81% above the average October 2018 detached price in the Colchester local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

16 PARK ROAD Sold Prices

Land registry data shows three sales for 16 PARK 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 PARK ROAD 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
2018 5 OCT	£795,000	£439,997	81% above HPI
2012 14 SEP	£630,000	£288,729	118% above HPI
2005 3 NOV	£570,000	£268,424	112% above HPI

16 PARK 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 PARK ROAD sales between November 2005 and October 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 September 2012 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the October 2018 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 16 PARK ROAD?

16 PARK ROAD is 237m² according to the EPC inspection conducted in January 2020. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 16 PARK ROAD lies on this distribution: 98% of detached houses are smaller than 16 PARK ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 PARK ROAD: Plot and Title Map

16 PARK ROAD sits on a plot of roughly 0.245 of an acre, or 993m². The below map shows the location of 16 PARK 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 PARK 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 PARK ROAD?

16 PARK ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 16 on PARK ROAD.