2, SEALION APPROACH, STANWAY, COLCHESTER, CO3 8AR - £420,000

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 SEALION APPROACH is a midsized detached house of 119m². It was last sold for £420,000 in September 2020, which was around 3% below the average September 2020 detached price in the Colchester local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

2 SEALION APPROACH Sold Prices

Land registry data shows two sales for 2 SEALION APPROACH 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 SEALION APPROACH sales was for below the average price, whilst the other was roughly equal to 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
2020 11 SEP	£420,000	£434,672	3% below HPI
2017 3 FEB	£414,995	£415,133	Close to HPI

2 SEALION APPROACH 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 SEALION APPROACH sales from February 2017 and September 2020 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 February 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 SEALION APPROACH?

2 SEALION APPROACH is 119m² according to the EPC inspection conducted in January 2017. This puts it in the largest 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 SEALION APPROACH lies on this distribution: 58% of detached houses are smaller than 2 SEALION APPROACH, and 41% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 SEALION APPROACH: Plot and Title Map

2 SEALION APPROACH sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 2 SEALION APPROACH, 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 SEALION APPROACH). 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 SEALION APPROACH?

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