2, MILL ROAD, MILE END, COLCHESTER, CO4 5LD - £92,000

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.

2 MILL ROAD is a very small detached house of 77m², built sometime between 1900 and 1929, which could now be worth an estimated £405,364. It was last sold for £92,000 in January 1999, which was around 19% below the average January 1999 detached price in the Colchester local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

2 MILL ROAD Sold Prices

Land registry data shows one sale for 2 MILL ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Colchester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1999 29 JAN	£92,000	£114,122	19% below HPI

What might 2 MILL ROAD be worth now?

2 MILL ROAD might now be worth an estimated £405,364.

This is based on house price inflation of 340.6%, between January 1999 and May 2026, 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 340.6% inflationary increase is applied to the most recent sale price for 2 MILL ROAD of £92,000 on 29th January 1999. For the value to have increased from £92,000 to £405,364 over the 26 years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 MILL ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The January 1999 sale price of £92,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL ROAD has not materially changed since January 1999.

How Large is 2 MILL ROAD?

2 MILL ROAD is 77m² according to the EPC inspection conducted in July 2023. 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 2 MILL ROAD lies on this distribution: 10% of detached houses are smaller than 2 MILL ROAD, and 89% of detached houses are larger. Note that EPC data is not available for all properties in Colchester.

2 MILL ROAD: Plot

2 MILL ROAD sits on a plot of roughly 0.086 of an acre, or 348m².

Where is 2 MILL ROAD?

2 MILL ROAD is located in MILE END, in the CO4 postcode district.