375, MILL ROAD, MILE END, COLCHESTER, CO4 5GG - £420,000

375 MILL ROAD is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £420,000 in May 2021, which was around 8% below the average May 2021 detached price in the Colchester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

375 MILL ROAD Sold Prices

Land registry data shows three sales for 375 MILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Two of the three 375 MILL ROAD sales were for below the average price, whilst one was 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 13 MAY	£420,000	£458,258	8% below HPI
2011 30 AUG	£266,000	£285,675	7% below HPI
1997 21 AUG	£109,950	£99,515	10% above HPI

375 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 375 MILL ROAD sales between August 1997 and May 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 August 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 375 MILL ROAD?

375 MILL ROAD is 117m² according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 375 MILL ROAD lies on this distribution: 56% of detached houses are smaller than 375 MILL ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Colchester.

375 MILL ROAD: Plot and Title Map

375 MILL ROAD sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 375 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 375 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 375 MILL ROAD?

375 MILL ROAD is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 375 on MILL ROAD.