2, SKYLARK WAY, STANWAY, COLCHESTER, CO3 8DG - £430,000

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 SKYLARK WAY is a midsized detached house of 117m². It was last sold for £430,000 in April 2024, which was around 12% below the average April 2024 detached price in the Colchester local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

2 SKYLARK WAY Sold Prices

Land registry data shows three sales for 2 SKYLARK 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 Colchester local authority area for the corresponding sale date. All of the three 2 SKYLARK 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
2024 12 APR	£430,000	£488,496	12% below HPI
2022 11 FEB	£447,500	£485,508	8% below HPI
2018 14 DEC	£374,950	£438,989	15% below HPI

2 SKYLARK WAY 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 three 2 SKYLARK WAY sales between December 2018 and April 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 February 2022 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2024 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 SKYLARK WAY?

2 SKYLARK WAY is 117m² according to the EPC inspection conducted in December 2018. 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 SKYLARK WAY lies on this distribution: 56% of detached houses are smaller than 2 SKYLARK WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 SKYLARK WAY: Plot and Title Map

2 SKYLARK WAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 2 SKYLARK 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 SKYLARK 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 SKYLARK WAY?

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