18, JOHN CASTLE WAY, COLCHESTER, CO2 7TU - £240,000

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

18 JOHN CASTLE WAY is a very small detached house of 43m². It was last sold for £240,000 in December 2021, which was around 50% below the average December 2021 detached price in the Colchester local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was B.

18 JOHN CASTLE WAY Sold Prices

Land registry data shows two sales for 18 JOHN CASTLE 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 18 JOHN CASTLE 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
2021 10 DEC	£240,000	£483,413	50% below HPI
2020 26 AUG	£180,000	£432,960	58% below HPI

18 JOHN CASTLE 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 18 JOHN CASTLE WAY sales from August 2020 and December 2021 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 2020 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the December 2021 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 18 JOHN CASTLE WAY?

18 JOHN CASTLE WAY is 43m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 18 JOHN CASTLE WAY lies on this distribution: Less than 1% of detached houses are smaller than 18 JOHN CASTLE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

18 JOHN CASTLE WAY: Plot and Title Map

18 JOHN CASTLE WAY sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 18 JOHN CASTLE 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 18 JOHN CASTLE 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 18 JOHN CASTLE WAY?

18 JOHN CASTLE WAY is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 18 on JOHN CASTLE WAY.