164, FOREST ROAD, COLCHESTER, CO4 3XG - £260,000

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.

164 FOREST ROAD is a midsized terraced house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £290,328. It was last sold for £260,000 in November 2020, which was around 11% above the average November 2020 terraced price in the Colchester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

164 FOREST ROAD Sold Prices

Land registry data shows three sales for 164 FOREST ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. Two of the three 164 FOREST ROAD sales were for above the average price, whilst one was 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
2020 17 NOV	£260,000	£233,412	11% above HPI
2015 27 MAR	£172,000	£176,109	2% below HPI
2004 3 FEB	£135,000	£122,434	10% above HPI

164 FOREST ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Colchester local authority area over time, sourced from the HPI. The three 164 FOREST ROAD sales between February 2004 and November 2020 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 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 164 FOREST ROAD be worth now?

164 FOREST ROAD might now be worth an estimated £290,328.

This is based on house price inflation of 11.7%, between November 2020 and June 2025, for terraced 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 11.7% inflationary increase is applied to the most recent sale price for 164 FOREST ROAD of £260,000 on 17th November 2020. For the value to have increased from £260,000 to £290,328 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 164 FOREST ROAD has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The November 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 164 FOREST ROAD has not materially changed since November 2020.

How Large is 164 FOREST ROAD?

164 FOREST ROAD is 114m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of terraced houses houses in Colchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colchester, and where 164 FOREST ROAD lies on this distribution: 53% of terraced houses houses are smaller than 164 FOREST ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Colchester.

164 FOREST ROAD: Plot and Title Map

164 FOREST ROAD sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 164 FOREST 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 164 FOREST 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 164 FOREST ROAD?

164 FOREST ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 164 on FOREST ROAD.