31, PANACHE ROAD, COLCHESTER, CO4 6DS - £265,500

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.

31 PANACHE ROAD is a very small terraced house of 71m², which could now be worth an estimated £297,458. It was last sold for £265,500 in July 2021, which was around 12% above the average July 2021 terraced price in the Colchester local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

31 PANACHE ROAD Sold Prices

Land registry data shows two sales for 31 PANACHE 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 31 PANACHE ROAD sales were for 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
2021 16 JUL	£265,500	£237,835	12% above HPI
2019 28 MAY	£260,000	£221,710	17% above HPI

31 PANACHE 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 31 PANACHE ROAD sales from May 2019 and July 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 2019 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 31 PANACHE ROAD be worth now?

31 PANACHE ROAD might now be worth an estimated £297,458.

This is based on house price inflation of 12%, between July 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 12% inflationary increase is applied to the most recent sale price for 31 PANACHE ROAD of £265,500 on 16th July 2021. For the value to have increased from £265,500 to £297,458 over the three years and nine months to October 2025, the following assumptions must hold true:

• The value of 31 PANACHE ROAD has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The July 2021 sale price of £265,500 represented a fair market value for the property.
• The size, condition, and specification of 31 PANACHE ROAD has not materially changed since July 2021.

How Large is 31 PANACHE ROAD?

31 PANACHE ROAD is 71m² according to the EPC inspection conducted in May 2019. 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 31 PANACHE ROAD lies on this distribution: 7% of terraced houses houses are smaller than 31 PANACHE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Colchester.

31 PANACHE ROAD: Plot and Title Map

31 PANACHE ROAD sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 31 PANACHE 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 31 PANACHE 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 31 PANACHE ROAD?

31 PANACHE ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 31 on PANACHE ROAD.