11, MARIO WAY, COLCHESTER, CO2 7QN - £348,000

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

11 MARIO WAY is a small detached house of 95m², built sometime between 2003 and 2006. It was last sold for £348,000 in February 2024, which was around 29% below the average February 2024 detached price in the Colchester local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

11 MARIO WAY Sold Prices

Land registry data shows two sales for 11 MARIO 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. Both of the two 11 MARIO WAY sales 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
2024 15 FEB	£348,000	£492,499	29% below HPI
2006 30 JUN	£210,000	£279,204	25% below HPI

11 MARIO 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 11 MARIO WAY sales from June 2006 and February 2024 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 June 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 11 MARIO WAY?

11 MARIO WAY is 95m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 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 11 MARIO WAY lies on this distribution: 32% of detached houses are smaller than 11 MARIO WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Colchester.

11 MARIO WAY: Plot and Title Map

11 MARIO WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 11 MARIO 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 11 MARIO 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 11 MARIO WAY?

11 MARIO WAY is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 11 on MARIO WAY.