419, MILL ROAD, COLCHESTER, CO4 5AL - £310,000

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.

419 MILL ROAD is a large terraced house of 132m², built sometime between 2003 and 2006, which could now be worth an estimated £339,849. It was last sold for £310,000 in August 2021, which was around 29% above the average August 2021 terraced price in the Colchester local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

419 MILL ROAD Sold Prices

Land registry data shows two sales for 419 MILL 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 419 MILL 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 27 AUG	£310,000	£240,488	29% above HPI
2007 30 JUL	£260,000	£165,200	57% above HPI

419 MILL 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 419 MILL ROAD sales from July 2007 and August 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 July 2007 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the August 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 419 MILL ROAD be worth now?

419 MILL ROAD might now be worth an estimated £339,849.

This is based on house price inflation of 9.6%, between August 2021 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 9.6% inflationary increase is applied to the most recent sale price for 419 MILL ROAD of £310,000 on 27th August 2021. For the value to have increased from £310,000 to £339,849 over the four years and one month to July 2025, the following assumptions must hold true:

• The value of 419 MILL ROAD has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The August 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 419 MILL ROAD has not materially changed since August 2021.

How Large is 419 MILL ROAD?

419 MILL ROAD is 132m² according to the EPC inspection conducted in August 2012. This puts it in the largest 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 419 MILL ROAD lies on this distribution: 70% of terraced houses houses are smaller than 419 MILL ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Colchester.

419 MILL ROAD: Plot and Title Map

419 MILL ROAD sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 419 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 419 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 419 MILL ROAD?

419 MILL ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 419 on MILL ROAD.