2, PRIORS WAY, COGGESHALL, COLCHESTER, CO6 1TW - £200,000

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 PRIORS WAY is a very large extended detached house of 180m², built sometime between 1983 and 1990. It was last sold for £200,000 in June 2013, which was around 35% below the average June 2013 detached price in the Braintree local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

2 PRIORS WAY Sold Prices

Land registry data shows three sales for 2 PRIORS 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 Braintree local authority area for the corresponding sale date. All of the three 2 PRIORS 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
2013 28 JUN	£200,000	£305,798	35% below HPI
2012 19 SEP	£262,500	£311,112	16% below HPI
2002 11 SEP	£164,000	£220,534	26% below HPI

2 PRIORS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three 2 PRIORS WAY sales between September 2002 and June 2013 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 September 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 PRIORS WAY?

2 PRIORS WAY is 180m², which includes three extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses in Coggeshall, based on EPC data. The below chart shows the distribution of detached houses by size in Coggeshall, and where 2 PRIORS WAY lies on this distribution: 83% of detached houses are smaller than 2 PRIORS WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Coggeshall.

2 PRIORS WAY: Plot and Title Map

2 PRIORS WAY sits on a plot of roughly 0.049 of an acre, or 196m². The below map shows the location of 2 PRIORS 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 PRIORS 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 PRIORS WAY?

2 PRIORS WAY is located in COGGESHALL, in the CO6 postcode district. The below map shows the position of No. 2 on PRIORS WAY.