39, SCHOOL ROAD, COPFORD, COLCHESTER, CO6 1BU - £500,000

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.

39 SCHOOL ROAD is a small extended detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £551,152. It was last sold for £500,000 in November 2020, which was around 10% above the average November 2020 detached price in the Colchester local authority area. The most recent EPC inspection was November 2017, where the current energy rating was F, and the potential energy rating was C.

39 SCHOOL ROAD Sold Prices

Land registry data shows two sales for 39 SCHOOL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 39 SCHOOL 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
2020 12 NOV	£500,000	£456,169	10% above HPI
2018 27 APR	£455,000	£435,344	5% above HPI

39 SCHOOL 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 two 39 SCHOOL ROAD sales from April 2018 and November 2020 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 April 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 39 SCHOOL ROAD be worth now?

39 SCHOOL ROAD might now be worth an estimated £551,152.

This is based on house price inflation of 10.2%, between November 2020 and May 2026, for detached 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 10.2% inflationary increase is applied to the most recent sale price for 39 SCHOOL ROAD of £500,000 on 12th November 2020. For the value to have increased from £500,000 to £551,152 over the six years and six months to May 2026, the following assumptions must hold true:

• The value of 39 SCHOOL ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2020 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 39 SCHOOL ROAD has not materially changed since November 2020.

How Large is 39 SCHOOL ROAD?

39 SCHOOL ROAD is 107m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses houses in Copford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Copford, and where 39 SCHOOL ROAD lies on this distribution: 22% of detached houses houses are smaller than 39 SCHOOL ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Copford.

39 SCHOOL ROAD: Plot and Title Map

39 SCHOOL ROAD sits on a plot of roughly 0.277 of an acre, or 1,121m². The below map shows the location of 39 SCHOOL 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 39 SCHOOL 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 39 SCHOOL ROAD?

39 SCHOOL ROAD is located in COPFORD, in the CO6 postcode district. The below map shows the position of No. 39 on SCHOOL ROAD.