62, OLD HEATH ROAD, COLCHESTER, CO1 2HD - £220,000

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.

62 OLD HEATH ROAD is a very small extended terraced house of 80m², built sometime before 1900, which could now be worth an estimated £267,461. It was last sold for £220,000 in June 2017, which was about the average June 2017 terraced price in the Colchester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

62 OLD HEATH ROAD Sold Prices

Land registry data shows three sales for 62 OLD HEATH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. The three 62 OLD HEATH ROAD sales were a mix of roughly equal to the average price, and 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
2017 28 JUN	£220,000	£219,179	Close to HPI
1997 11 DEC	£59,995	£47,883	25% above HPI
1996 9 SEP	£47,000	£44,199	6% above HPI

62 OLD HEATH 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 three 62 OLD HEATH ROAD sales between September 1996 and June 2017 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 December 1997 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 62 OLD HEATH ROAD be worth now?

62 OLD HEATH ROAD might now be worth an estimated £267,461.

This is based on house price inflation of 21.6%, between June 2017 and October 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 21.6% inflationary increase is applied to the most recent sale price for 62 OLD HEATH ROAD of £220,000 on 28th June 2017. For the value to have increased from £220,000 to £267,461 over the seven years and eight months to October 2025, the following assumptions must hold true:

• The value of 62 OLD HEATH ROAD has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The June 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 62 OLD HEATH ROAD has not materially changed since June 2017.

How Large is 62 OLD HEATH ROAD?

62 OLD HEATH ROAD is 80m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% 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 62 OLD HEATH ROAD lies on this distribution: 13% of terraced houses houses are smaller than 62 OLD HEATH ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Colchester.

62 OLD HEATH ROAD: Plot and Title Map

62 OLD HEATH ROAD sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 62 OLD HEATH 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 62 OLD HEATH 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 62 OLD HEATH ROAD?

62 OLD HEATH ROAD is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 62 on OLD HEATH ROAD.