1, SWIFT AVENUE, STANWAY, COLCHESTER, CO3 8ZE - £292,500

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 SWIFT AVENUE is a midsized detached house of 114m², built sometime between 1996 and 2002. It was last sold for £292,500 in February 2011, which was around 4% above the average February 2011 detached price in the Colchester local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

1 SWIFT AVENUE Sold Prices

Land registry data shows three sales for 1 SWIFT 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. One of the three 1 SWIFT AVENUE sales was for above the average price, whilst two were for below 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
2011 23 FEB	£292,500	£282,105	4% above HPI
2003 16 APR	£225,000	£228,017	1% below HPI
2000 3 MAR	£134,950	£135,902	1% below HPI

1 SWIFT 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 SWIFT AVENUE sales between March 2000 and February 2011 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 April 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2011 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 1 SWIFT AVENUE?

1 SWIFT AVENUE is 114m² according to the EPC inspection conducted in August 2009. This puts it in the largest 50% 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 SWIFT AVENUE lies on this distribution: 53% of detached houses are smaller than 1 SWIFT AVENUE, and 46% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 SWIFT AVENUE: Plot and Title Map

1 SWIFT AVENUE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 1 SWIFT 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 SWIFT 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 SWIFT AVENUE?

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