15, OTTER PLACE, STANWAY, COLCHESTER, CO3 8AU - £412,000

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

15 OTTER PLACE is a small detached house of 92m². It was last sold for £412,000 in May 2022, which was around 17% below the average May 2022 detached price in the Colchester local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.

15 OTTER PLACE Sold Prices

Land registry data shows three sales for 15 OTTER PLACE 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. All of the three 15 OTTER PLACE 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
2022 30 MAY	£412,000	£496,658	17% below HPI
2018 12 JUL	£318,000	£433,026	27% below HPI
2016 22 DEC	£313,000	£410,425	24% below HPI

15 OTTER PLACE 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 OTTER PLACE sales between December 2016 and May 2022 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 July 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 15 OTTER PLACE?

15 OTTER PLACE is 92m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 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 OTTER PLACE lies on this distribution: 29% of detached houses are smaller than 15 OTTER PLACE, and 69% of houses are larger. Note that EPC data is not available for all properties in Colchester.

15 OTTER PLACE: Plot and Title Map

15 OTTER PLACE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 15 OTTER PLACE, 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 OTTER PLACE). 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 OTTER PLACE?

15 OTTER PLACE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 15 on OTTER PLACE.