175, MILL ROAD, MILE END, COLCHESTER, CO4 5LP - £156,000

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.

175 MILL ROAD is a very small extended terraced house of 78m², built sometime between 1900 and 1929, which could now be worth an estimated £254,146. It was last sold for £156,000 in March 2014, which was around 4% below the average March 2014 terraced price in the Colchester local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

175 MILL ROAD Sold Prices

Land registry data shows two sales for 175 MILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. Both of the two 175 MILL 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 31 MAR	£156,000	£163,015	4% below HPI
2006 8 MAY	£141,000	£149,459	6% below HPI

175 MILL 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 two 175 MILL ROAD sales from May 2006 and March 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 May 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2014 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 175 MILL ROAD be worth now?

175 MILL ROAD might now be worth an estimated £254,146.

This is based on house price inflation of 62.9%, between March 2014 and May 2026, 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 62.9% inflationary increase is applied to the most recent sale price for 175 MILL ROAD of £156,000 on 31st March 2014. For the value to have increased from £156,000 to £254,146 over the eleven years and ten months to May 2026, the following assumptions must hold true:

• The value of 175 MILL ROAD has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The March 2014 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 175 MILL ROAD has not materially changed since March 2014.

How Large is 175 MILL ROAD?

175 MILL ROAD is 78m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% 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 175 MILL ROAD lies on this distribution: 11% of terraced houses houses are smaller than 175 MILL ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Colchester.

175 MILL ROAD: Plot and Title Map

175 MILL ROAD sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 175 MILL 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 175 MILL 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 175 MILL ROAD?

175 MILL ROAD is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 175 on MILL ROAD.