2, REDSHANK ROAD, STANWAY, COLCHESTER, CO3 8BJ - £525,000

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 REDSHANK ROAD is a very large detached house of 179m². It was last sold for £525,000 in February 2023, which was about the average February 2023 detached price in the Colchester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

2 REDSHANK ROAD Sold Prices

Land registry data shows two sales for 2 REDSHANK ROAD 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 REDSHANK ROAD 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
2023 1 FEB	£525,000	£524,839	Close to HPI
2017 17 NOV	£439,950	£432,437	2% above HPI

2 REDSHANK ROAD 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 REDSHANK ROAD sales from November 2017 and February 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 November 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2023 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 REDSHANK ROAD?

2 REDSHANK ROAD is 179m² according to the EPC inspection conducted in October 2017. 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 REDSHANK ROAD lies on this distribution: 91% of detached houses are smaller than 2 REDSHANK ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 REDSHANK ROAD: Plot and Title Map

2 REDSHANK ROAD sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 2 REDSHANK ROAD, 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 REDSHANK ROAD). 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 REDSHANK ROAD?

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