2, ALVERTON WAY, HIGHWOODS, COLCHESTER, CO4 9GD - £330,000

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

2 ALVERTON WAY is a very large detached house of 173m², built sometime between 1991 and 1995. It was last sold for £330,000 in August 2004, which was around 26% above the average August 2004 detached price in the Colchester local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

2 ALVERTON WAY Sold Prices

Land registry data shows three sales for 2 ALVERTON 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. All of the three 2 ALVERTON WAY sales were 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
2004 23 AUG	£330,000	£261,089	26% above HPI
1999 2 AUG	£200,000	£122,586	63% above HPI
1996 26 NOV	£174,700	£92,053	90% above HPI

2 ALVERTON 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 2 ALVERTON WAY sales between November 1996 and August 2004 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 1999 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the August 2004 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 2 ALVERTON WAY?

2 ALVERTON WAY is 173m² according to the EPC inspection conducted in November 2016. This puts it in the largest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 2 ALVERTON WAY lies on this distribution: 89% of detached houses are smaller than 2 ALVERTON WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 ALVERTON WAY: Plot and Title Map

2 ALVERTON WAY sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 2 ALVERTON 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 2 ALVERTON 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 2 ALVERTON WAY?

2 ALVERTON WAY is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 2 on ALVERTON WAY.