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 SANDMARTIN CRESCENT is a large extended detached house of 121m², built sometime between 1996 and 2002. It was last sold for £506,000 in August 2024, which was around 1% below the average August 2024 detached price in the Colchester local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 SANDMARTIN CRESCENT 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. Two of the three 2 SANDMARTIN CRESCENT sales were for below the average price, whilst one 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 |
---|---|---|---|
2024 1 AUG | £506,000 | £509,235 | 1% below HPI |
2002 8 AUG | £182,500 | £205,075 | 11% below HPI |
1999 29 APR | £116,000 | £111,386 | 4% above 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 SANDMARTIN CRESCENT sales between April 1999 and August 2024 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 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2024 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.
2 SANDMARTIN CRESCENT is 121m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 40% 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 SANDMARTIN CRESCENT lies on this distribution: 60% of detached houses are smaller than 2 SANDMARTIN CRESCENT, and 39% of houses are larger. Note that EPC data is not available for all properties in Colchester.
2 SANDMARTIN CRESCENT sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 2 SANDMARTIN CRESCENT, 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 SANDMARTIN CRESCENT). 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 SANDMARTIN CRESCENT is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 2 on SANDMARTIN CRESCENT.