104, MAGAZINE FARM WAY, COLCHESTER, CO3 4EW - £525,000

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

104 MAGAZINE FARM WAY is a large detached house of 133m², built sometime between 1950 and 1966. It was last sold for £525,000 in June 2021, which was around 19% above the average June 2021 detached price in the Colchester local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was C.

104 MAGAZINE FARM WAY Sold Prices

Land registry data shows two sales for 104 MAGAZINE FARM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. One of the two 104 MAGAZINE FARM WAY sales was for above the average price, whilst the other was 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
2021 16 JUN	£525,000	£442,452	19% above HPI
2004 27 AUG	£220,000	£261,089	16% below HPI

104 MAGAZINE FARM WAY 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 two 104 MAGAZINE FARM WAY sales from August 2004 and June 2021 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 August 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 104 MAGAZINE FARM WAY?

104 MAGAZINE FARM WAY is 133m² according to the EPC inspection conducted in April 2021. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 104 MAGAZINE FARM WAY lies on this distribution: 70% of detached houses are smaller than 104 MAGAZINE FARM WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Colchester.

104 MAGAZINE FARM WAY: Plot and Title Map

104 MAGAZINE FARM WAY sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 104 MAGAZINE FARM WAY, 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 104 MAGAZINE FARM WAY). 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 104 MAGAZINE FARM WAY?

104 MAGAZINE FARM WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 104 on MAGAZINE FARM WAY.