16, LONDON ROAD, STANWAY, COLCHESTER, CO3 0HA - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 LONDON ROAD is a large extended detached house of 147m², built sometime before 1900. It was last sold for £500,000 in January 2018, which was around 16% above the average January 2018 detached price in the Colchester local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

16 LONDON ROAD Sold Prices

Land registry data shows three sales for 16 LONDON ROAD 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. One of the three 16 LONDON ROAD sales was for above the average price, whilst two 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
2018 9 JAN	£500,000	£432,750	16% above HPI
2007 20 DEC	£266,141	£307,621	13% below HPI
2005 9 DEC	£205,000	£271,084	24% below HPI

16 LONDON 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 three 16 LONDON ROAD sales between December 2005 and January 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 December 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2018 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 16 LONDON ROAD?

16 LONDON ROAD is 147m², which includes two extensions, according to the EPC inspection conducted in September 2017. 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 16 LONDON ROAD lies on this distribution: 79% of detached houses are smaller than 16 LONDON ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 LONDON ROAD: Plot and Title Map

16 LONDON ROAD sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 16 LONDON 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 16 LONDON 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 16 LONDON ROAD?

16 LONDON ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 16 on LONDON ROAD.