1, CRANE AVENUE, STANWAY, COLCHESTER, CO3 8SS - £532,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CRANE AVENUE is a very large detached house of 170m², built sometime between 1996 and 2002. It was last sold for £532,500 in July 2016, which was around 37% above the average July 2016 detached price in the Colchester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

1 CRANE AVENUE Sold Prices

Land registry data shows three sales for 1 CRANE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 1 CRANE AVENUE 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
2016 18 JUL	£532,500	£389,996	37% above HPI
2004 27 MAY	£370,000	£255,311	45% above HPI
2002 17 JUL	£298,950	£200,250	49% above HPI

1 CRANE AVENUE 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 three 1 CRANE AVENUE sales between July 2002 and July 2016 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 May 2004 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2016 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 1 CRANE AVENUE?

1 CRANE AVENUE is 170m² according to the EPC inspection conducted in March 2016. 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 1 CRANE AVENUE lies on this distribution: 89% of detached houses are smaller than 1 CRANE AVENUE, and 11% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 CRANE AVENUE: Plot and Title Map

1 CRANE AVENUE sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 1 CRANE AVENUE, 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 1 CRANE AVENUE). 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 1 CRANE AVENUE?

1 CRANE AVENUE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 1 on CRANE AVENUE.