15, FLAME WAY, COLCHESTER, CO4 5WU - £337,500

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

15 FLAME WAY is a large detached house of 135m². It was last sold for £337,500 in September 2018, which was around 23% below the average September 2018 detached price in the Colchester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was B.

15 FLAME WAY Sold Prices

Land registry data shows three sales for 15 FLAME WAY 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. Two of the three 15 FLAME WAY sales were for below the average price, whilst one was 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
2018 7 SEP	£337,500	£440,578	23% below HPI
2018 29 JUN	£425,000	£432,030	2% below HPI
2014 28 MAR	£320,000	£311,614	3% above HPI

15 FLAME 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 three 15 FLAME WAY sales between March 2014 and September 2018 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 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 15 FLAME WAY?

15 FLAME WAY is 135m² according to the EPC inspection conducted in March 2014. 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 15 FLAME WAY lies on this distribution: 71% of detached houses are smaller than 15 FLAME WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Colchester.

15 FLAME WAY: Plot and Title Map

15 FLAME WAY sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 15 FLAME 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 15 FLAME 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 15 FLAME WAY?

15 FLAME WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 15 on FLAME WAY.