42, GAINSBOROUGH ROAD, COLCHESTER, CO3 4QW - £250,000

42 GAINSBOROUGH ROAD is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £250,000 in November 2012, which was around 13% below the average November 2012 detached price in the Colchester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

42 GAINSBOROUGH ROAD Sold Prices

Land registry data shows three sales for 42 GAINSBOROUGH 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. All of the three 42 GAINSBOROUGH ROAD sales were for below 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
2012 9 NOV	£250,000	£287,846	13% below HPI
2004 24 MAR	£212,000	£251,696	16% below HPI
1998 15 JUN	£90,000	£109,390	18% below HPI

42 GAINSBOROUGH 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 42 GAINSBOROUGH ROAD sales between June 1998 and November 2012 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 March 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2012 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 42 GAINSBOROUGH ROAD?

42 GAINSBOROUGH ROAD is 81m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 42 GAINSBOROUGH ROAD lies on this distribution: 15% of detached houses are smaller than 42 GAINSBOROUGH ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Colchester.

42 GAINSBOROUGH ROAD: Plot and Title Map

42 GAINSBOROUGH ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 42 GAINSBOROUGH 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 42 GAINSBOROUGH 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 42 GAINSBOROUGH ROAD?

42 GAINSBOROUGH ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 42 on GAINSBOROUGH ROAD.