5, GAINSBOROUGH ROAD, COLCHESTER, CO3 4QP - £275,000

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.

5 GAINSBOROUGH ROAD is a very small semi-detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £326,009. It was last sold for £275,000 in April 2018, which was around 2% below the average April 2018 semi-detached price in the Colchester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

5 GAINSBOROUGH ROAD Sold Prices

Land registry data shows four sales for 5 GAINSBOROUGH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the four 5 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
2018 27 APR	£275,000	£279,968	2% below HPI
2013 8 MAR	£170,000	£186,829	9% below HPI
2007 4 APR	£180,000	£194,889	8% below HPI
2001 27 APR	£44,345	£94,293	53% below HPI

5 GAINSBOROUGH 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 four 5 GAINSBOROUGH ROAD sales between April 2001 and April 2018 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 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 5 GAINSBOROUGH ROAD be worth now?

5 GAINSBOROUGH ROAD might now be worth an estimated £326,009.

This is based on house price inflation of 18.5%, between April 2018 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 18.5% inflationary increase is applied to the most recent sale price for 5 GAINSBOROUGH ROAD of £275,000 on 27th April 2018. For the value to have increased from £275,000 to £326,009 over the six years and six months to October 2025, the following assumptions must hold true:

• The value of 5 GAINSBOROUGH ROAD has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The April 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GAINSBOROUGH ROAD has not materially changed since April 2018.

How Large is 5 GAINSBOROUGH ROAD?

5 GAINSBOROUGH ROAD is 67m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 5 GAINSBOROUGH ROAD lies on this distribution: 5% of semi-detached houses houses are smaller than 5 GAINSBOROUGH ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 GAINSBOROUGH ROAD: Plot and Title Map

5 GAINSBOROUGH ROAD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 5 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 5 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 5 GAINSBOROUGH ROAD?

5 GAINSBOROUGH ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 5 on GAINSBOROUGH ROAD.