23, VILLA ROAD, STANWAY, COLCHESTER, CO3 0RH - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 VILLA ROAD is a large extended detached house of 135m², built sometime between 1900 and 1929. It was last sold for £385,000 in May 2021, which was around 12% below the average May 2021 detached price in the Colchester local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

23 VILLA ROAD Sold Prices

Land registry data shows five sales for 23 VILLA ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 23 VILLA ROAD 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
2021 7 MAY	£385,000	£438,139	12% below HPI
2013 9 SEP	£272,000	£299,937	9% below HPI
2004 14 MAY	£248,500	£255,311	3% below HPI
2001 15 JUN	£100,000	£159,369	37% below HPI
1995 25 MAY	£60,000	£90,235	34% below HPI

23 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 five 23 VILLA ROAD sales between May 1995 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 September 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 23 VILLA ROAD?

23 VILLA ROAD is 135m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 23 VILLA ROAD lies on this distribution: 71% of detached houses are smaller than 23 VILLA ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Colchester.

23 VILLA ROAD: Plot and Title Map

23 VILLA ROAD sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 23 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 23 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 23 VILLA ROAD?

23 VILLA ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 23 on VILLA ROAD.