2, RADVALD CHASE, STANWAY, COLCHESTER, CO3 0RF - £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 RADVALD CHASE is a very large extended detached house of 181m², built sometime from 2007 onwards. It was last sold for £435,000 in April 2021, which was about the average April 2021 detached price in the Colchester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

2 RADVALD CHASE Sold Prices

Land registry data shows two sales for 2 RADVALD CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. One of the two 2 RADVALD CHASE sales was roughly equal to the average price, whilst the other was 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
2021 14 APR	£435,000	£436,072	Close to HPI
2007 21 AUG	£386,050	£307,629	25% above HPI

2 RADVALD CHASE 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 two 2 RADVALD CHASE sales from August 2007 and April 2021 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 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the April 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 RADVALD CHASE?

2 RADVALD CHASE is 181m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 10% 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 RADVALD CHASE lies on this distribution: 92% of detached houses are smaller than 2 RADVALD CHASE, and 8% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 RADVALD CHASE: Plot and Title Map

2 RADVALD CHASE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 2 RADVALD CHASE, 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 RADVALD CHASE). 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 RADVALD CHASE?

2 RADVALD CHASE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 2 on RADVALD CHASE.