54A, GAINSBOROUGH ROAD, COLCHESTER, CO3 4QW - £320,000

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.

54A GAINSBOROUGH ROAD is a large detached house of 144m², built sometime between 1950 and 1966, which could now be worth an estimated £598,102. It was last sold for £320,000 in November 2009, which was around 18% above the average November 2009 detached price in the Colchester local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

54A GAINSBOROUGH ROAD Sold Prices

Land registry data shows two sales for 54A GAINSBOROUGH 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 54A GAINSBOROUGH 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
2009 26 NOV	£320,000	£270,319	18% above HPI
2007 28 FEB	£370,000	£295,306	25% above HPI

54A 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 two 54A GAINSBOROUGH ROAD sales from February 2007 and November 2009 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 February 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2009 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 54A GAINSBOROUGH ROAD be worth now?

54A GAINSBOROUGH ROAD might now be worth an estimated £598,102.

This is based on house price inflation of 86.9%, between November 2009 and March 2025, 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 86.9% inflationary increase is applied to the most recent sale price for 54A GAINSBOROUGH ROAD of £320,000 on 26th November 2009. For the value to have increased from £320,000 to £598,102 over the sixteen years and eight months to March 2025, the following assumptions must hold true:

• The value of 54A GAINSBOROUGH ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2009 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 54A GAINSBOROUGH ROAD has not materially changed since November 2009.

How Large is 54A GAINSBOROUGH ROAD?

54A GAINSBOROUGH ROAD is 144m² according to the EPC inspection conducted in April 2009. This puts it in the largest 30% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 54A GAINSBOROUGH ROAD lies on this distribution: 77% of detached houses houses are smaller than 54A GAINSBOROUGH ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Colchester.

54A GAINSBOROUGH ROAD: Plot and Title Map

54A GAINSBOROUGH ROAD sits on a plot of roughly 0.214 of an acre, or 868m². The below map shows the location of 54A 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 54A 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 54A GAINSBOROUGH ROAD?

54A GAINSBOROUGH ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 54A on GAINSBOROUGH ROAD.