2, MEADOWSTONE, LONDON ROAD, STANWAY, COLCHESTER, CO3 0LR - £435,000

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

2 MEADOWSTONE is a midsized semi-detached house of 104m², built sometime between 2003 and 2006. It was last sold for £435,000 in March 2023, which was around 17% below the average March 2023 detached price in the Colchester local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

2 MEADOWSTONE Sold Prices

Land registry data shows four sales for 2 MEADOWSTONE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 2 MEADOWSTONE 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
2023 14 MAR	£435,000	£524,602	17% below HPI
2019 29 APR	£325,000	£433,153	25% below HPI
2015 1 SEP	£359,000	£362,538	1% below HPI
2007 7 SEP	£280,000	£306,812	9% below HPI

2 MEADOWSTONE 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 four 2 MEADOWSTONE sales between September 2007 and March 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 April 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 MEADOWSTONE?

2 MEADOWSTONE is 104m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% 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 MEADOWSTONE lies on this distribution: 42% of detached houses are smaller than 2 MEADOWSTONE, and 58% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 MEADOWSTONE: Plot and Title Map

2 MEADOWSTONE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 2 MEADOWSTONE, 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 MEADOWSTONE). 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 MEADOWSTONE?

2 MEADOWSTONE is located on LONDON ROAD in STANWAY, in the CO3 postcode district. The below map shows the position of 2 MEADOWSTONE on LONDON ROAD.