71, LAYER ROAD, COLCHESTER, CO2 7JP - £195,250

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.

71 LAYER ROAD is a small semi-detached house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £345,854. It was last sold for £195,250 in May 2013, which was around 4% above the average May 2013 semi-detached price in the Colchester local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

71 LAYER ROAD Sold Prices

Land registry data shows one sale for 71 LAYER ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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 21 MAY	£195,250	£187,294	4% above HPI

What might 71 LAYER ROAD be worth now?

71 LAYER ROAD might now be worth an estimated £345,854.

This is based on house price inflation of 77.1%, between May 2013 and May 2026, for semi-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 77.1% inflationary increase is applied to the most recent sale price for 71 LAYER ROAD of £195,250 on 21st May 2013. For the value to have increased from £195,250 to £345,854 over the thirteen years to May 2026, the following assumptions must hold true:

• The value of 71 LAYER ROAD has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The May 2013 sale price of £195,250 represented a fair market value for the property.
• The size, condition, and specification of 71 LAYER ROAD has not materially changed since May 2013.

How Large is 71 LAYER ROAD?

71 LAYER ROAD is 80m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of semi-detached houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Colchester, and where 71 LAYER ROAD lies on this distribution: 37% of semi-detached houses are smaller than 71 LAYER ROAD, and 60% of semi-detached houses are larger. Note that EPC data is not available for all properties in Colchester.

71 LAYER ROAD: Plot

71 LAYER ROAD sits on a plot of roughly 0.126 of an acre, or 508m².

Where is 71 LAYER ROAD?

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