23C, PEACE ROAD, STANWAY, COLCHESTER, CO3 0HF - £375,000

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

23C PEACE ROAD is a very small detached house of 79m². It was last sold for £375,000 in October 2021, which was around 20% below the average October 2021 detached price in the Colchester local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

23C PEACE ROAD Sold Prices

Land registry data shows three sales for 23C PEACE 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 23C PEACE 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 29 OCT	£375,000	£469,018	20% below HPI
2017 16 MAY	£315,000	£416,527	24% below HPI
2015 25 SEP	£215,000	£362,538	41% below HPI

23C PEACE 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 23C PEACE ROAD sales between September 2015 and October 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 May 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 23C PEACE ROAD?

23C PEACE ROAD is 79m² according to the EPC inspection conducted in August 2016. 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 23C PEACE ROAD lies on this distribution: 13% of detached houses are smaller than 23C PEACE ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Colchester.

23C PEACE ROAD: Plot and Title Map

23C PEACE ROAD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 23C PEACE 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 23C PEACE 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 23C PEACE ROAD?

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