55, LAYER ROAD, COLCHESTER, CO2 7JP - £305,000

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.

55 LAYER ROAD is a large extended detached house of 125m², built sometime between 1930 and 1949, which could now be worth an estimated £527,728. It was last sold for £305,000 in January 2013, which was around 5% above the average January 2013 detached price in the Colchester local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

55 LAYER ROAD Sold Prices

Land registry data shows one sale for 55 LAYER 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
2013 24 JAN	£305,000	£290,614	5% above HPI

What might 55 LAYER ROAD be worth now?

55 LAYER ROAD might now be worth an estimated £527,728.

This is based on house price inflation of 73%, between January 2013 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 73% inflationary increase is applied to the most recent sale price for 55 LAYER ROAD of £305,000 on 24th January 2013. For the value to have increased from £305,000 to £527,728 over the twelve years and eight months to May 2026, the following assumptions must hold true:

• The value of 55 LAYER ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The January 2013 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 55 LAYER ROAD has not materially changed since January 2013.

How Large is 55 LAYER ROAD?

55 LAYER ROAD is 125m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 55 LAYER ROAD lies on this distribution: 63% of detached houses are smaller than 55 LAYER ROAD, and 36% of detached houses are larger. Note that EPC data is not available for all properties in Colchester.

55 LAYER ROAD: Plot

55 LAYER ROAD sits on a plot of roughly 0.142 of an acre, or 575m².

Where is 55 LAYER ROAD?

55 LAYER ROAD is located in COLCHESTER, in the CO2 postcode district.