118, VILLA ROAD, STANWAY, COLCHESTER, CO3 0RW - £350,000

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

118 VILLA ROAD is a large extended detached house of 133m², built sometime between 1930 and 1949. It was last sold for £350,000 in March 2020, which was around 18% below the average March 2020 detached price in the Colchester local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

118 VILLA ROAD Sold Prices

Land registry data shows two sales for 118 VILLA ROAD 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 118 VILLA ROAD 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
2020 9 MAR	£350,000	£428,059	18% below HPI
2003 15 AUG	£129,000	£236,145	45% below HPI

118 VILLA ROAD 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 118 VILLA ROAD sales from August 2003 and March 2020 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 2003 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 118 VILLA ROAD?

118 VILLA ROAD is 133m², which includes three extensions, according to the EPC inspection conducted in June 2019. 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 118 VILLA ROAD lies on this distribution: 70% of detached houses are smaller than 118 VILLA ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Colchester.

118 VILLA ROAD: Plot and Title Map

118 VILLA ROAD sits on a plot of roughly 0.195 of an acre, or 791m². The below map shows the location of 118 VILLA ROAD, 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 118 VILLA ROAD). 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 118 VILLA ROAD?

118 VILLA ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 118 on VILLA ROAD.