2, WODEN AVENUE, STANWAY, COLCHESTER, CO3 0QQ - £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 WODEN AVENUE is a very large extended detached house of 174m², built sometime from 2007 onwards. It was last sold for £485,000 in June 2021, which was around 10% above the average June 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.

2 WODEN AVENUE Sold Prices

Land registry data shows four sales for 2 WODEN AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 2 WODEN AVENUE sales were 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
2021 16 JUN	£485,000	£442,452	10% above HPI
2015 16 JUL	£354,500	£349,277	1% above HPI
2014 17 JAN	£327,500	£304,941	7% above HPI
2008 22 DEC	£275,000	£241,012	14% above HPI

2 WODEN AVENUE 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 four 2 WODEN AVENUE sales between December 2008 and June 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 July 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 WODEN AVENUE?

2 WODEN AVENUE is 174m², which includes one extension, according to the EPC inspection conducted in July 2013. 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 WODEN AVENUE lies on this distribution: 90% of detached houses are smaller than 2 WODEN AVENUE, and 10% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 WODEN AVENUE: Plot and Title Map

2 WODEN AVENUE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 WODEN AVENUE, 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 WODEN AVENUE). 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 WODEN AVENUE?

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