16, ROWHEDGE ROAD, COLCHESTER, CO2 8EL - £218,000

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 ROWHEDGE ROAD is a very small detached house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £343,646. It was last sold for £218,000 in June 2014, which was around 31% below the average June 2014 detached price in the Colchester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

16 ROWHEDGE ROAD Sold Prices

Land registry data shows three sales for 16 ROWHEDGE 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 ROWHEDGE 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
2014 30 JUN	£218,000	£317,304	31% below HPI
2012 24 FEB	£170,000	£284,268	40% below HPI
2011 28 JUL	£128,000	£283,704	55% below HPI

16 ROWHEDGE 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 ROWHEDGE ROAD sales between July 2011 and June 2014 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 February 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2014 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 16 ROWHEDGE ROAD be worth now?

16 ROWHEDGE ROAD might now be worth an estimated £343,646.

This is based on house price inflation of 57.6%, between June 2014 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 57.6% inflationary increase is applied to the most recent sale price for 16 ROWHEDGE ROAD of £218,000 on 30th June 2014. For the value to have increased from £218,000 to £343,646 over the ten years and eight months to October 2025, the following assumptions must hold true:

• The value of 16 ROWHEDGE ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2014 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ROWHEDGE ROAD has not materially changed since June 2014.

How Large is 16 ROWHEDGE ROAD?

16 ROWHEDGE ROAD is 72m² according to the EPC inspection conducted in October 2014. 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 ROWHEDGE ROAD lies on this distribution: 8% of detached houses houses are smaller than 16 ROWHEDGE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 ROWHEDGE ROAD: Plot and Title Map

16 ROWHEDGE ROAD sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 16 ROWHEDGE 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 ROWHEDGE 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 ROWHEDGE ROAD?

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