264, OLD HEATH ROAD, COLCHESTER, CO2 8AX - £225,500

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.

264 OLD HEATH ROAD is a small terraced house of 95m², built sometime between 1900 and 1929, which could now be worth an estimated £262,699. It was last sold for £225,500 in July 2019, which was about the average July 2019 terraced price in the Colchester local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

264 OLD HEATH ROAD Sold Prices

Land registry data shows three sales for 264 OLD HEATH 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. The three 264 OLD HEATH ROAD sales were a mix of roughly equal to the average price, and 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
2019 5 JUL	£225,500	£226,311	Close to HPI
2003 19 NOV	£124,995	£115,707	8% above HPI
1998 16 JAN	£50,000	£48,817	2% above HPI

264 OLD HEATH 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 264 OLD HEATH ROAD sales between January 1998 and July 2019 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 November 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 264 OLD HEATH ROAD be worth now?

264 OLD HEATH ROAD might now be worth an estimated £262,699.

This is based on house price inflation of 16.5%, between July 2019 and July 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 16.5% inflationary increase is applied to the most recent sale price for 264 OLD HEATH ROAD of £225,500 on 5th July 2019. For the value to have increased from £225,500 to £262,699 over the six years to July 2025, the following assumptions must hold true:

• The value of 264 OLD HEATH ROAD has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The July 2019 sale price of £225,500 represented a fair market value for the property.
• The size, condition, and specification of 264 OLD HEATH ROAD has not materially changed since July 2019.

How Large is 264 OLD HEATH ROAD?

264 OLD HEATH ROAD is 95m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% 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 264 OLD HEATH ROAD lies on this distribution: 32% of terraced houses houses are smaller than 264 OLD HEATH ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Colchester.

264 OLD HEATH ROAD: Plot and Title Map

264 OLD HEATH ROAD sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 264 OLD HEATH 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 264 OLD HEATH 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 264 OLD HEATH ROAD?

264 OLD HEATH ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 264 on OLD HEATH ROAD.