2, VILLA ROAD, STANWAY, COLCHESTER, CO3 0RH - £485,000

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 VILLA ROAD is a very small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £485,000 in May 2021, which was around 11% above the average May 2021 detached price in the Colchester local authority area. The most recent EPC inspection was December 2013, where the current energy rating was F, and the potential energy rating was B.

2 VILLA ROAD Sold Prices

Land registry data shows two sales for 2 VILLA 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 VILLA ROAD sales was for above the average price, whilst the other was 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
2021 19 MAY	£485,000	£438,139	11% above HPI
2013 16 AUG	£222,000	£293,106	24% below HPI

2 VILLA 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 VILLA ROAD sales from August 2013 and May 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 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 2 VILLA ROAD?

2 VILLA ROAD is 83m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% 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 VILLA ROAD lies on this distribution: 17% of detached houses are smaller than 2 VILLA ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 VILLA ROAD: Plot and Title Map

2 VILLA ROAD sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 2 VILLA 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 VILLA 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 VILLA ROAD?

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