4, HOSPITAL ROAD, COLCHESTER, CO3 3HJ - £346,500

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.

4 HOSPITAL ROAD is a midsized semi-detached house of 102m², built sometime between 1900 and 1929, which could now be worth an estimated £429,382. It was last sold for £346,500 in May 2017, which was around 29% above the average May 2017 semi-detached price in the Colchester local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was E.

4 HOSPITAL ROAD Sold Prices

Land registry data shows five sales for 4 HOSPITAL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the five 4 HOSPITAL 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
2017 19 MAY	£346,500	£267,833	29% above HPI
2016 13 OCT	£300,000	£264,174	14% above HPI
2002 7 JAN	£152,995	£108,125	41% above HPI
1998 11 MAY	£106,000	£67,591	57% above HPI
1997 6 AUG	£62,500	£61,670	1% above HPI

4 HOSPITAL ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The five 4 HOSPITAL ROAD sales between August 1997 and May 2017 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 October 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2017 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 4 HOSPITAL ROAD be worth now?

4 HOSPITAL ROAD might now be worth an estimated £429,382.

This is based on house price inflation of 23.9%, between May 2017 and October 2025, for semi-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 23.9% inflationary increase is applied to the most recent sale price for 4 HOSPITAL ROAD of £346,500 on 19th May 2017. For the value to have increased from £346,500 to £429,382 over the seven years and seven months to October 2025, the following assumptions must hold true:

• The value of 4 HOSPITAL ROAD has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The May 2017 sale price of £346,500 represented a fair market value for the property.
• The size, condition, and specification of 4 HOSPITAL ROAD has not materially changed since May 2017.

How Large is 4 HOSPITAL ROAD?

4 HOSPITAL ROAD is 102m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 50% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 4 HOSPITAL ROAD lies on this distribution: 40% of semi-detached houses houses are smaller than 4 HOSPITAL ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 HOSPITAL ROAD: Plot and Title Map

4 HOSPITAL ROAD sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 4 HOSPITAL 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 4 HOSPITAL 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 4 HOSPITAL ROAD?

4 HOSPITAL ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 4 on HOSPITAL ROAD.