23, WHEATFIELD ROAD, STANWAY, COLCHESTER, CO3 0YA - £420,000

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 WHEATFIELD ROAD is a small detached house of 102m², built sometime between 1983 and 1990. It was last sold for £420,000 in May 2021, which was around 4% below the average May 2021 detached price in the Colchester local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

23 WHEATFIELD ROAD Sold Prices

Land registry data shows three sales for 23 WHEATFIELD ROAD 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 23 WHEATFIELD 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 28 MAY	£420,000	£438,139	4% below HPI
2015 3 JUL	£275,000	£349,277	21% below HPI
1995 26 MAY	£82,500	£90,235	9% below HPI

23 WHEATFIELD 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 three 23 WHEATFIELD 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 July 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 23 WHEATFIELD ROAD?

23 WHEATFIELD ROAD is 102m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% 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 WHEATFIELD ROAD lies on this distribution: 39% of detached houses are smaller than 23 WHEATFIELD ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Colchester.

23 WHEATFIELD ROAD: Plot and Title Map

23 WHEATFIELD ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 23 WHEATFIELD 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 WHEATFIELD 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 WHEATFIELD ROAD?

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