2, CEDAR WAY, GREAT BENTLEY, COLCHESTER, CO7 8LT - £425,000

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 CEDAR WAY is a large extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £425,000 in November 2023, which was around 19% above the average November 2023 detached price in the Tendring local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

2 CEDAR WAY Sold Prices

Land registry data shows four sales for 2 CEDAR WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. All of the four 2 CEDAR 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
2023 24 NOV	£425,000	£356,109	19% above HPI
2015 22 MAY	£250,000	£228,254	10% above HPI
2010 29 JAN	£210,000	£203,640	3% above HPI
1996 9 AUG	£73,000	£64,675	13% above HPI

2 CEDAR WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The four 2 CEDAR WAY sales between August 1996 and November 2023 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 May 2015 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 2 CEDAR WAY?

2 CEDAR WAY is 135m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses in Great Bentley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Bentley, and where 2 CEDAR WAY lies on this distribution: 63% of detached houses are smaller than 2 CEDAR WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Great Bentley.

2 CEDAR WAY: Plot and Title Map

2 CEDAR WAY sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 2 CEDAR 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 CEDAR 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 CEDAR WAY?

2 CEDAR WAY is located in GREAT BENTLEY, in the CO7 postcode district. The below map shows the position of No. 2 on CEDAR WAY.