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 CROSS FIELD WAY is a midsized detached house of 120m², built sometime between 1991 and 1995. It was last sold for £335,000 in July 2017, which was around 21% below the average July 2017 detached price in the Colchester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 2 CROSS FIELD WAY since 1st 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 CROSS FIELD 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 |
---|---|---|---|
2017 14 JUL | £335,000 | £423,682 | 21% below HPI |
2009 21 AUG | £235,000 | £259,659 | 9% below HPI |
1997 17 OCT | £99,000 | £99,892 | 1% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 2 CROSS FIELD WAY sales between October 1997 and July 2017 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 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
2 CROSS FIELD WAY is 120m² according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses in Boxted Cross, based on EPC data. The below chart shows the distribution of detached houses by size in Boxted Cross, and where 2 CROSS FIELD WAY lies on this distribution: 59% of detached houses are smaller than 2 CROSS FIELD WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Boxted Cross.
2 CROSS FIELD WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 2 CROSS FIELD 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 CROSS FIELD 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.
2 CROSS FIELD WAY is located in BOXTED, in the CO4 postcode district. The below map shows the position of No. 2 on CROSS FIELD WAY.