2, GREENSTEAD ROAD, COLCHESTER, CO1 2TA - £185,000

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.

2 GREENSTEAD ROAD is a very small extended terraced house of 68m², built sometime between 1900 and 1929, which could now be worth an estimated £198,585. It was last sold for £185,000 in December 2021, which was around 25% below the average December 2021 terraced price in the Colchester local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

2 GREENSTEAD ROAD Sold Prices

Land registry data shows three sales for 2 GREENSTEAD 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. All of the three 2 GREENSTEAD 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
2021 6 DEC	£185,000	£248,234	25% below HPI
2006 19 MAY	£123,000	£149,459	18% below HPI
1996 28 NOV	£31,000	£44,245	30% below HPI

2 GREENSTEAD 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 2 GREENSTEAD ROAD sales between November 1996 and December 2021 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 GREENSTEAD ROAD be worth now?

2 GREENSTEAD ROAD might now be worth an estimated £198,585.

This is based on house price inflation of 7.3%, between December 2021 and October 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 7.3% inflationary increase is applied to the most recent sale price for 2 GREENSTEAD ROAD of £185,000 on 6th December 2021. For the value to have increased from £185,000 to £198,585 over the four years and two months to October 2025, the following assumptions must hold true:

• The value of 2 GREENSTEAD ROAD has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The December 2021 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREENSTEAD ROAD has not materially changed since December 2021.

How Large is 2 GREENSTEAD ROAD?

2 GREENSTEAD ROAD is 68m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% 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 2 GREENSTEAD ROAD lies on this distribution: 6% of terraced houses houses are smaller than 2 GREENSTEAD ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 GREENSTEAD ROAD: Plot and Title Map

2 GREENSTEAD ROAD sits on a plot of roughly 0.017 of an acre, or 67m². The below map shows the location of 2 GREENSTEAD 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 2 GREENSTEAD 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 2 GREENSTEAD ROAD?

2 GREENSTEAD ROAD is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 2 on GREENSTEAD ROAD.