56, CAMBRIDGE ROAD, COLCHESTER, CO3 3NR - £430,000

56 CAMBRIDGE ROAD is a very large extended detached house of 155m², built sometime between 1930 and 1949. It was last sold for £430,000 in May 2011, which was around 52% above the average May 2011 detached price in the Colchester local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

56 CAMBRIDGE ROAD Sold Prices

Land registry data shows four sales for 56 CAMBRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 56 CAMBRIDGE 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
2011 6 MAY	£430,000	£283,054	52% above HPI
2007 23 AUG	£385,000	£307,629	25% above HPI
2005 3 MAY	£350,000	£266,142	32% above HPI
1996 19 APR	£151,000	£88,870	70% above HPI

56 CAMBRIDGE 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 four 56 CAMBRIDGE ROAD sales between April 1996 and May 2011 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 August 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2011 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 56 CAMBRIDGE ROAD?

56 CAMBRIDGE ROAD is 155m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the largest 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 56 CAMBRIDGE ROAD lies on this distribution: 83% of detached houses are smaller than 56 CAMBRIDGE ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Colchester.

56 CAMBRIDGE ROAD: Plot and Title Map

56 CAMBRIDGE ROAD sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 56 CAMBRIDGE 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 56 CAMBRIDGE 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 56 CAMBRIDGE ROAD?

56 CAMBRIDGE ROAD is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 56 on CAMBRIDGE ROAD.